The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.

The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.
The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia, Lithuania.

Friday, 10 February 2012

Romania: New government's priorities

Romania's New Finance Minister aims for fiscal stability to support growth. Romania’s budget will focus on the support of economic growth through fiscal stability, as well as improved tax collection, the fair application of fiscal legislation and the prioritization of public spending.

The European Affairs Minister Leonard Orban said that Romania has very few drivers of economic growth in 2012 and in the upcoming years, and a solution is increasing the country’s EU fund absorption rate.

Romania’s new Communications Minister Razvan Mustea has pledged to extend broadband internet access to all regions not served by internet providers by 2015, develop the e-portal for tax payment and privatize state postal company Posta Romana this year.

The new Economy Minister Lucian Bode said that his priorities include simplifying legislation, the privatization of certain companies, EU fund absorption and developing new industrial capacities by tapping new mineral resources.

Source: ZF English

For specific details please feel free to contact our team at europa @ frdcenter.ro

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