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Romania’s Economy in Graphs: Performance, Risks, Challenges | 11 martie 2018 | Romania reached a record economic growth in 2017, yet one that was mainly based on consumption. The contribution of investment became positive, but investment levels

The Scientific Conference of Romanian Economists from Abroad

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Ideas are those that can improve or, on the contrary, destroy the world we live in, especially from a social, political and economic point of view. This is why, mainly in the current economic context, characterised by so many contradictions and errors, the economist’s duty of conscience is to look at things in depth and in perspective, to defend good ideas and fight against incorrect ones,

The Chamber of Commerce and Economic Diplomacy

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For Romania it is essential to consolidate its economic competitiveness. Currently, Romanian exports totalize more than 40% of GDP, which means that we are around the European average, but the growth rate of exports has halved, while imports are now growing at an accelerate rate, double than the one for exports. In the same context, Romanian capital is present in only 4

Romania-Slovakia Bilateral Business Forum

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Between Romania and Slovakia there exists a special potential for collaboration in the automotive industry. Slovakia registered remarkable progress in the past years, becoming a very important actor in the automotive industry. Regarding our country, the automotive industry has grown from about 4 billion euros to around 20 billion euros last year. We can make such progress also

This Fiscal Code annihilates from the beginning its chances of success

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It is very important to understand that liberalism does not focus only on tax reduction, but also on the way in which this reduction is made. Tax reduction is needed, but sustainability is very important, through its long-term budgetary and economic implications. I doubt that every initiative to reduce taxes should be labeled as a liberal approach. If I reduce taxes tomorrow, only to

Applying the Fiscal Code could violate exactly the Fiscal Code

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Tax reduction is needed, it needs to be done, but not like this, through an “all at once” approach, because nothing in the economy, not even capital accumulation, job creation and prosperity, in general, happens over night. Businessmen want, of course, almost in every situation, lower taxes. The same as politicians want, of course, almost in every situation, more votes.

Cosmin Marinescu