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The state of the economy is a reflection of public policy

The Foreign Investors Council (FIC) considers that recent negative economic data which drew the attention of politicians are the result of legislation that was adopted without proper impact assessments that could have anticipated it. FIC and the entire business community has constantly advocated for such impact studies and we are fully open to contribute to them.   

The political discourse which aims to blame certain market actors, who’s opinions were ignored during the consultation period, serves solely to deteriorate the trust of the business community in Romania. The massive investments anticipated by policy makers will fail to materialize unless this trust is rebuilt. According to the results of the latest FIC members business sentiment index, trust is low.