BUSINESS

Romania ranked 59th in WEF Global Competitiveness Report 2014-2015

Romania is ranked 59th in the Global Competitiveness Report 2014-2015 of the World Economic Forum (WEF), up 17 positions from the previous year, Agerpres informs. Romania’s score is 4.30 points (an improvement on the previous year’s score of 4.13 points) on a scale from 1 to 7. Better ranked than Romania are countries such as the Czech Republic (37th), Poland (43rd), Bulgaria (54th) and Cyprus (58th). Romania is better ranked than countries such as Hungary (60th), Slovenia (70th) and Slovakia (75th). Switzerland continues to be the most competitive, for the sixth consecutive year, with a score of 5.70 points). It is followed by Singapore, the US, Finland and Germany. WEF on Wednesday released its Global Competitiveness Report 2014-2015 that captures the opinions of over 14,000 business leaders in 148 economies between February and June 2014.

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