Business representatives want predictability

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Representatives of the business milieu in Romania who met on Friday Premier EmilBoc at Victoria Palace (Government headquarters), urged the Government to elaborate measures aimed at creating more predictability and stability in the economic environment, according to an Executive’s press release.

The head of Government’s meeting with representatives of business environment in Romania was focused on the harmonization of anti-crisis governmental policies with the needs of Romanian and foreign companies, in the context of negotiations conducted with representatives of the International Monetary Fund and of the European Commission.

The Executive’s head announced the setting up of a joint group in charge with taking over the requests and proposals put forward on Friday.

According to the Government’s Press Office, representatives of the business environment appreciated the talks as opportune, as well as the possibility to present their standpoints referring to the measures due to be adopted this period.

As well, they hailed the Government’s adopted measures as the unblocking of VAT return, staff cuts in budgetary structures and acceleration of the European funds absorption.

At the same time, business representatives asked the Government to elaborate some measures aimed at creating a higher predictability level and stability in the economic field.

The Premier gave assurances that the Executive will not increase in the period to come taxes such as VAT and the profit tax and that it will trim the public spending both at central and local levels by imposing cost standards for each administrative unit.

Finance Minister Gheorghe Pogea was present in the meeting on Friday, informing the audience about the main Government’s concerns, such as those linked to the investments control and transparency and taxation reduction.

Business representatives included those of the American Chamber of Commerce – AMCHAM, the Romanian-British Chamber of Commerce – BRCC, the Association of Italian Commercial Companies in Romania – Unimpresa, the Italian Chamber of Commerce, the Romanian-German Chamber of Commerce and Industry, the Romanian-Dutch Chamber of Commerce, the Romanian-Turkish Chamber of Commerce, the Foreign Investors Council – FIC, the Association of Romanian Business people (AOAR), as well as of the Austrian Embassy to Romania.

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