The political turmoil in Romania has already depressed the expectations of the German companies for timely implementation of the urgently needed reforms, according to a statement of AHK Romania.

The statement highlights the costs of the protracted political conflicts in terms of lost opportunities - properly allocating the funds from the EU budget, modernizing the public administration, and ultimately increasing the standard of living.

Romania needs a Government capable of living up to the huge economic challenges ranging from the Green Deal to the digital transformation of the economy while maintaining the country as a competitive investment location, the official representation of the German economy in Romania stresses. 

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andrei@romania-insider.com