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===Investments in Romania=== The level of investment remains above EU average. Investment accounts for almost 25% of GDP in Romania as opposed to 19% of GDP in the EU, in 2016.<ref>{{cite web|url=http://ec.europa.eu/europe2020/pdf/csr2015/cr2015_romania_en.pdf|title=The European Semester|website=European Commission β European Commission|access-date=24 September 2017}}</ref> Locally, UniCredit, one of the region's leading banking firms, announced in October 2023 that it will merge its Romanian affiliate with the recently purchased Alpha bank in Romania (for β¬300 million), creating Romania's third-largest lender.<ref>{{Cite book |last=Bank |first=European Investment |url=https://www.eib.org/en/publications/20230288-cesee-bls-2023-h2 |title=Central, Eastern and South-Eastern Europe (CESEE) Bank Lending Survey: Second half of 2023 |date=2023-12-06 |publisher=European Investment Bank |isbn=978-92-861-5622-9 |language=EN}}</ref> Romania's Recovery and Resilience Plan dedicates over β¬6 billion to digitalisation efforts, encompassing public administration, connectivity, cybersecurity, digital skills, and the development of an integrated e-health and telemedicine system.<ref name=":208">{{Cite book |last=Bank |first=European Investment |url=https://www.eib.org/en/publications/20240079-eib-group-activity-in-eu-cohesion-regions-2023 |title=EIB Group activities in EU cohesion regions 2023 |date=2024-07-15 |publisher=European Investment Bank |isbn=978-92-861-5761-5 |language=EN}}</ref> The European Investment Bank Project Advisory Support programme aids Romania in advancing digitalisation through collaborations with the National Agency for Public Procurement and the Ministry of Research, Innovation, and Digitalisation<ref name=":2083">{{Cite book |last=Bank |first=European Investment |url=https://www.eib.org/en/publications/20240079-eib-group-activity-in-eu-cohesion-regions-2023 |title=EIB Group activities in EU cohesion regions 2023 |date=2024-07-15 |publisher=European Investment Bank |isbn=978-92-861-5761-5 |language=EN}}</ref><ref>{{Cite web |last=Bank |first=European Investment |date=2023-04-19 |title=Evaluation of EIB Project Advisory Support in Bulgaria and Romania |url=https://www.eib.org/en/publications/20220205-eib-project-advisory-support-in-bulgaria-and-romania |language=EN}}</ref> This assistance includes evaluating ICT projects and supporting the rollout of a β¬600 million government cloud initiative, aimed at enhancing interoperability, reducing bureaucracy, and bolstering cybersecurity.<ref name=":2083" />
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