PM Ponta: Romania, extraordinary potential, but worst image abroad


A low degree of taxation, amenities for companies that create jobs and bring profit are the things that must be promoted by a 21st century government,’ said the Romanian Premier at the 45th General Assembly of the World Trade Centers Association.

Last year Romania was one of the countries with the fastest economic growth, so, the country has an extraordinary potential, but…
‘We are trying to build a successful story in this part of Europe. Last year Romania was one of the countries with the fastest economic growth, 3.5 percent economic growth and at the same time we had some budgetary and fiscal numbers that make us a country to envy ahead of other European countries. 2.4 percent public deficit, 4 percent inflation, numbers that say that Romania has an extraordinary potential, but it is probably the country with the worst image abroad. It is my duty to tell the truth and explain that there are negative parts, but there are also a lot of positive parts and I want to use every occasion to talk about the positive parts, because our country can be promoted,’ said yesterday PM Victor Ponta at the opening of the 45th General Assembly of the World Trade Centers Association titled ‘Shaping Global Growth.’
He added that on the basis of this potential Romania has received last week the good news of improving its investment rating.
‘I have only one thing to say, that until now we didn’t know how to use our potential, we didn’t know how to benefit from what are the incredible economic, but also human, resources of this country. Two years ago, when we took up this post, my dream was to be the democrat Government that is the most in favor of business in Europe. Maybe it’s paradoxical, but I think we have succeeded. A low degree of taxation, and increased competitiveness for this country, amenities for companies that create jobs and bring profit are the things that must be promoted by a 21st century government,’ said the Romanian Premier.
A single energy market
After the European Parliamentary elections, the European Union should immediately decide to implement a single energy market which would enable negotiations with Russia on single import energy prices and the conclusion of an agreement between the EU and the U.S.A., Ponta said further. He pointed out to participants of the World Trade Centers Association that although all the European leaders are currently campaigning for the European Parliament, the European Union must quickly make a decision regarding two important issues in particular.
Firstly, the need to create a single energy market at EU level, a measure already suggested by Polish Prime Minister Donald Tusk.
“Romania and the Government I run completely support this measure; we have discussed the issue with Prime Minister Tusk and he knows very well that he has our support. Simply put, it is not about 28 countries negotiating with Russia individually, which could result in either better or worse prices, depending on the political interests involved, but rather 28 European countries sharing a common energy policy, a policy concerning prices for energy imported from Russia. This would be a much stronger partner in a difficult and complicated relationship – increasingly more difficult and complicated since the aggression against Crimea – between Europe and Russia,” Victor Ponta said.
The PM expressed hope that the aforementioned crisis would enable a speedier and more positive decision to be made with regard to concluding the Transatlantic Trade and Investment Partnership (TTIP) in view of creating a common market for the EU and the U.S. According to Victor Ponta, such an agreement would increase competitiveness and transparency, and bring new opportunities for the Romanian economy.

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