Romania needs credibility and the confidence of investors in order to boost the pace of economic growth, and with the entry into the Schengen Area it can be a relevant benchmark for the business plans of investors from partner countries, according to Finance Minister Tanczos Barna.

„Romania needs credibility and the confidence of investors in order to boost the pace of economic growth. The measures to reduce budget spending and the massive investments earmarked in this year’s budget are strong arguments which, as Finance minister, I presented today during the meetings with representatives of JP Morgan, one of the most powerful global financial institutions, which were attended by high-caliber international investors. Both at the Ministry of Finance and together with the prime minister of Romania, at the Government’s headquarters, I emphasized the role that Romania can play by capitalizing on its potential for economic development,” the minister wrote on his Facebook page.

He emphasized that Romania is maintaining the pace of economic growth, and as an EU member, with its entry into the Schengen Area, it can be a relevant benchmark for the business plans of investors from partner countries.

„Entering the Visa Waiver Program and soon joining the OECD reinforces the country’s profile as a country worth investing capital in. Seriousness generates the confidence needed by those who understand the opportunities offered by our country, with one of the fastest catching-up rates in the region compared to Western European countries,” Tanczos Barna said.

AGERPRES