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The Romanian economy is almost built around the state budget

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Fiscal policy does not need to solve only the quantitative and, often, circumstantial problems of the budget, as it happened, unfortunately, until now, but rather to solve structural, profound problems of the economy. At the same time, in my opinion, structural reforms should mean more than professionalizing the management and cleaning the SOEs sector. Consolidating themarket economy means, first of all and ultimately, solving the property rights problem. Only this way we can hope that a strong private sector will develop, one that is independent of political power, generates prosperity for the Romanian people and also stimulates reforms in the public sector.

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Cosmin Marinescu