BNR: Foreign direct investments decreased in 2023 by almost 33%, to 6.748 billion euros
https://www.news.ro/economic/bnr-investitiile-straine-directe-au-scazut-in-anul-2023-cu-aproape-33-la-6-748-miliarde-euro-1922404230222024091321749620
Posted by itrustpeople
5 Comments
Foarte bine! Mai multa autonomie poporului roman!
Cu toate taxele preconizate , cu incertitudinea si instabilitatea politica, aici ajungem.
Multumim cuplului Ciucolacu
O economie sanatoasa nu are nevoie de investitii. Are nevoie de credite si consum.
Ce prosti! MAI MULT PENTRU NOI, DACII LIBERI! MWUAHAHA
Yeah, no shit. The government has been treating western investors like criminals since the first COVID lockdowns. They never eased up on us. There are good reasons why most Americans left and never came back. Go look at the % of SRLs owned by American citizens that were abandoned in recent years – go ask the banks what their account closure rates are for western individuals and businesses.
I won’t even get into how badly the EU’s influence screwed your labor pool and social norms; post-2020 Romanians are no longer competitive by western standards. Between the absurd labor & accounting regulations, constant threats of modifying the tax treaties, and the average Romanian’s inane desire to peg certain asset classes to the EUR, the Romanian central bank has absolutely lost control and handed the reins to Brussels. Over the past 24 months, I’ve personally moved ~100 Romanian jobs to the Philippines. As a result, I’ve freed a ton of cashflow, completely avoided the nonsense financial regulations, and ended up with more professional employees who don’t envy a life of conspicuous consumption.
Forget the institutional investors. Most PE/VC/SFO firms in the US are well aware of this chilling effect & Romania’s reputation as a western-friendly investment hub is ruined. This number is going to continue dropping like a rock, guaranteed, and the average person is going to pay the price. Sorry, but it’s true.