PM Ponta seeks to keep up interest of Austrian companies and banks in Romanian economy

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Prime Minister Victor Ponta declared in Vienna, during a meeting with Austrian Chancellor Werner Faymann, that he wants Austrian companies and banks to stay highly interested in the Romanian economy.

„Prime Minister Victor Ponta expressed his desire in maintaining the interest of Austrian companies and banks in the Romanian economy at a high level and presented the recent decisions reached by the government in the line of the economic reform and for providing an attractive environment for foreign investors,” reads a government release.

During the working meeting, the two high officials hailed the excellent stage of bilateral relations, focusing on the identification of areas and concrete economic cooperation projects between the two countries.

The sides reaffirmed the importance of making use of the framework provided by the EU Strategy for the Danube Region in promoting projects of common interest for the region.

Also approached were the topical issues on the European agenda, such as negotiations for the new multiannual financial framework 2014-2020 (MFF), economic governance and the expansion of the Schengen Area.

As far as the MFF is concerned, both officials highlighted the importance of an agreement being reached at the next European Council due in February, which should take into account both the need to reduce the development gaps among member states and also ensure economic growth and help create new jobs across the Union.

The participants welcomed the progress made in strengthening the economic and monetary union, with focus on the single supervisory mechanism.

The Romanian Prime Minister thanked his Austrian counterpart for supporting Romania’s Schengen accession bid.

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