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Business environment jointly signals rapid deterioration of business climate and erosion of Romania’s credibility

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The prolonged electoral context has worsened deficits and slowed down key reforms that are crucial for access to financing, job stability, and the continuation of planned investments, warn representatives of eight business organisations in Romania.

„The Romanian business environment, represented by our organisations, jointly signals the rapid deterioration of the business climate and the erosion of Romania’s credibility. The economy needs trust and predictability to continue developing. In recent years, companies have had to navigate successive challenges and crises. The prolonged election cycle has deepened deficits and delayed essential reforms, affecting access to financing, job stability, and investment continuity. For Romania to remain firmly anchored in the Euro-Atlantic direction, not lose strategic opportunities, and continue to capitalise on its advantages on the investment map, political decisions must reflect stability and coherence. To restore trust in Romania, the private sector needs action and responsibility from all political actors to ensure a predictable economic environment, protect the free market, the rule of law and national security, and maintain the country’s alignment with the European path and all international structures. Rating agencies and institutional and strategic partners are also closely monitoring internal developments and expect a quick and credible economic rebalancing,” the business environment representatives say in a joint appeal.

According to the statement, the business environment wants to be part of the solution, and in order to avoid a sudden economic destabilisation, Romania needs vision, determination and concrete and immediate steps to meet medium- and long-term goals.

The joint appeal to the authorities is signed by: the American Chamber of Commerce in Romania (AmCham Romania), the Romanian Businessmen Association (AOAR), the German-Romanian Chamber of Commerce and Industry (AHK), the Belgium-Luxembourg-Romania-Moldova Chamber of Commerce (BEROCC), the British-Romanian Chamber of Commerce (BRCC), the Confederation of Romanian Employers – Concordia, the Foreign Investors Council (FIC), the Romanian Business Leaders Foundation (RBL).

AGERPRES

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