Paper Title
REAL CONVERGENCE ANALYSIS BETWEEN ITALY AND ROMANIA WITHIN THE EUROPEAN UNIONCONTEXT

Abstract
Abstract - The paper analyzes the real convergence process in Italy and Romania within the European Union framework. Real convergence is a process of economic development where countries or regions become more similar in terms of their economic performance. Italy has experienced significant real convergence since joining the EU due to factors such as increased market access, foreign investment, and technological progress. Italy has also implemented structural changes, invested in human capital and innovation, and improved infrastructure development. However, Italy still faces challenges such as regional inequality, inflexible labor market conditions, and a significant amount of public debt. Romania has made progress in its economic convergence with the EU, but it still faces challenges such as an economic slowdown, a fiscal deficit, governance weaknesses, and poverty. The text provides policy recommendations for Romania to address these challenges and further improve its real convergence with the EU. Keywords - Real Convergence, GDP growth