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BUCHAREST, ROMANIA (MAY 26, 2017) (REUTERS) ENTRANCE TO ROMANIAN FINANCE MINISTRY SIGN READING (Romanian) "ROMANIAN FINANCE MINISTRY" ROMANIAN FINANCE MINISTER VIOREL STEFAN IN HIS OFFICE ROMANIAN AND EU FLAGS BEHIND MINISTER (SOUNDBITE) (Romanian) ROMANIAN FINANCE MINISTER, VIOREL STEFAN, SAYING: "We will certainly introduce from January 2018 the fiscal relaxation measures mentioned in the governing programme." ROMANIAN COAT OF ARMS (SOUNDBITE) (Romanian) ROMANIAN FINANCE MINISTER, VIOREL STEFAN, SAYING: "We are talking about convergence criteria and joining the euro, but we forget that this doesn't mean just meeting nominal criteria, it also means that our everyday lives, our economy capacity must converge with to that of the EU. So, we need to invest and raise household income. We cannot imagine converging with the EU if the population's income is not at least half of the income of the EU's population. We are not convergent without an infrastructure compatible with the European and we cannot say we will be convergent with Europe if only some regions are. All the regions in the country have to reach the European level." BOOKS ON SHELF (SOUNDBITE) (Romanian) ROMANIAN FINANCE MINISTER, VIOREL STEFAN, SAYING: "The pace of growth in the first quarter is generally slower than the other quarters. So, that's why the first quarter level makes us and the business environment optimistic. We should look at the bourse's performance. It is the best indicative, it is visible that the business environment is trusting Romanian economy, it is trusting public policies. We think that the National Forecast Commission figures will be very cautious and the (economic) growth (for the full year) will be higher than 5.2 percent." FOLDERS ON SHELF
Dateline: 2017

Romania Gears Up For Tax Cuts In 2018, Eyes Robust Economic Growth

Item ID: 110576864

By: Reuters

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