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March 29, 2023

Romania’s economic growth to be higher in 2014, Minister Grapini says

Romania will record higher economic growth next year as compared to 2013, Minister-delegate for the Small and Medium-Sized Enterprises (SME), Business Climate and Tourism Maria Grapini said yesterday, according to Agerpres. ‘There is clear will of the Government to make clarifications in the market, to make regulations to the entrepreneurs’ benefit. There also is the will to invest in Romania. What should be understood is that business ethics is a long-term benefit,’ Grapini told debates entitled Beyond the First Million.The minister underscored she is keeping the targets she had as an entrepreneur, now she is in a minister’s position. Thus, she explained, there will be a clear legal outline starting 2014 that will contribute to cutting the SME management costs. Furthermore, skilled human resource will be provided by implementing the law of workplace training, the introduction of dual education by a partnership with Germany and Austria as well as by entrepreneurship courses.‘I hope we’ll also change the de-minimis scheme for the SMEs. We’ll discuss such regulation at the Government’s meeting tomorrow (today) and I hope it takes effect starting July 20, 2013, by which the SMEs should benefit from 200,000 euros. In fact, the lack of liquidity and funding is the biggest obstacle to the development of the small businesses. At this very moment, the European Union discusses Germany’s request to increase the SME de-minimis scheme to EUR 500,000. If Germany obtains such a rise, we’ll be able to adopt a de-minimis scheme increased up to this cap in Romania as well,’ Grapini stressed.

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