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News » February, 2011 » 9 February 2011

Romania Should Focus On Supporting SMEs - Ctrl Bk Head
09.02.2011, 12:18 | Finance-Banks | 791 views



Romanian authorities can take lots of measures to support small and medium-sized enterprises, such as reducing bureaucracy and checkups, but also improving the business environment, central bank governor Mugur Isarescu said Wednesday.

"Bureaucracy may cost a SME some important percentages of its turnover," Isarescu told a seminar.

The authorities should loosen the excessive inspections on the SMEs, as these checkups do not reduce the underground economy.

Read more on Mediafax.ro




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