If we add up the residents, we find that investments in the national economy decreased both in the second quarter of this year and in the first half compared to similar periods in the previous year by 9.1% each, according to provisional data by the National Institute of Statistics.
Thus, Romania is back in a technical recession with two consecutive quarters of GDP contraction, with the greatest economic downturn in the EU in the second quarter.
The causes of these declines are the increases in fuel duty and the introduction of a 1.5% tax on the special construction by the companies, the so-called "pole tax".
As compensation, the government has just announced it will launch a state aid scheme for enterprises valid until 2020 with a total budget of 2.7 billion, for the grant of costs related to tangible and intangible assets initial investment.
"We suffer from a lack of long-term entrepreneurial experience. Yet after the 90s, business in Romania began to develop, but a real favorable business environment emerged in the late 90s I mean, we had a period of about 10 years when the business has grown in Romania, (..) until the start of the crisis, "said businessman Ilan Laufer, invited on the Tuesday edition of the " Daily Income" show.