Loading ...‘One of them is that the Government has done nothing, has not taken a single anti-crisis measure or to support jobs and the business environment. If the Government did nothing, how come the exchange rate of the local currency to the euro has stayed stable and unemployment in Romania in the midst of a world crisis is almost two percentage points below the EU average?
If the Government did nothing, how come interest rates started falling, how come inflation is no threat to Romania, how come the Government deficit is contained within controllable limits, despite the economic downturn Romania has been experiencing along all the other EU member states,’ Boc wondered rhetorically.
In the same context, Boc mentioned that Romania has one of the lowest personal income taxes among Europe’s flat income taxes. ‘As far as legal persons are concerned, things are clear that only few countries – three or four – have a lower corporate tax, while individuals in other countries are taxed between 39 to 40 percent and even 50 percent,’ said Boc.
He added that the incumbent Government has managed to build 42km of a motorway, but four years ago, another Government barely managed to build 5km of motorway despite the economic boom back then.
‘We have managed to contain the negative effects of the ongoing economic crisis. That much we could do. Now, in 2010, we are preparing to get out of a recession and that will remain a priority with the Government that I am heading,’ said Boc. He added that creating jobs is his Cabinet’s major priority in 2010.
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