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August 14, 2022
BUSINESS

Forbes: Fiscal regime and innovation, Romania’s main weak points

Romania is 60th in Forbes’s 141-nation “Best Countries for Business” table, scoring the poorest when it comes to fiscal regime and innovation, Mediafax informs. Romania is just below Botswana and is outranked by Hungary and Bulgaria. Corruption, red tape and market performance are also among her weak points, Romania scoring best when it comes to free trade and investor protection. Romania was 40th in 2008, prior to the onset of the financial and economic crisis. New Zealand tops the table this year, followed by Denmark, Hong Kong, Singapore, Canada, Ireland, Sweden, Norway, Finland and Great Britain. The United States is 12th, France is 20th and Germany is 21st. Estonia and Slovenia are the best-ranking Central and East-European states (22nd and 23rd respectively).

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