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Economy / Romania

Romania

January 2012 | Risk Summary

Following weeks of anti-austerity protests across Romania, the government is now faced with another protest, as Gabriel Resources Ltd 's Rosia Montana gold-mine project triggered protests on January 28. Hundreds of Romanians gathered in the Rosia Montana village - in the centre of the country - to support the Canadian company's project for creating employment in the area. At the same time, hundreds of demonstrators gathered in Bucharest to oppose the project, citing its use of cyanide to extract gold as the reason. The recent anti-austerity demonstrations are likely to continue in the run-up to November's presidential election, and the growing antipathy towards the government will likely see civil society groups voice their discontent.

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