Recent political problems in Romania could affect economic stability and growth, and also the country’s image on the international markets, said Steven van Groningen, president of Foreign Investors Council (FIC).
He also said that the latest actions of the political class cause new uncertainties and could break the trust of consumers and investors. The lack of stability are significant barriers against investors.
Van Groningen added that FIC’s members have invested significant amounts over the long-term and will continue to do business locally even after the mandates of the current politicians end.
The Parliament voted last week to suspend president Traian Basescu over allegations he broke the constitution. A referendum for the impeachment of president Basescu will be organized on July 29.
