ANEIR: Romania lost 7.5 billion euro from exports in the first year of crisis
ACT Media - 6 Noiembrie 2009
Romania registered losses of 7.5 billion euros for exports in the year when the crisis appeared in the Romanian market because of the lack of government measures for the recovery of the sector while a third of companies got out of the foreign market, ANEIR informs.
In the press release draws the attention that "beyond foreign factors, domestic hesitation, the government's lack of interest and the banks' lack of appetite in financing the economy had a major contribution.
According to ANEIR, Romania lost many foreign opportunities and was excluded from several markets because of lack of production financing.Tens of million lei were blocked in the accounts of the Finance Ministry as its managers refused to adopt a more flexible method for VAT returns. The system was approved by ANAF management and all ministry officials but the minister refused to sign it.The Association reproaches the Ministry of not having understood of the blocking provoked not even not even when ANEIR requested the introduction of the Loan Accord with Romania and the obligation to pay VAT dues to exporters.
ANEIR criticizes private commercial banks which had not been "friendlier" with exporters and the latter lost a lot of contracts in the foreign market. "The only anchor which really functioned was the exchange rate maintained by BNR within acceptable limits and without unpredictable variations", the press release shows. ANEIR reminds that after 8 years of growth in which the volume of foreign sales had been from 10 billion dollars in 2000 to over 35 billion euros last year, November 2008 marked the first export drop by 10%. Later on, there were other drops which reached 40% in October 2009 (in the area outside EU).
Sursa: http://www.actmedia.eu
Tags: foreign
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