nr. 22, August 2007

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Publishing date: Friday, 17 August 2007
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In July the regulatory framework was marked by several key evolutions. The publication of study “The costs of developing business 2007” pointed out a progress in simplification of company registration procedure, but also a stagnation in authorizing and licensing of activities. At the same time, the Government adopted a controversial decision to create a working group for monitoring the “strategic” foreign investments. Persisting in creation of different working groups, the Government delays the really important reforms, to begin with the regulatory reform. For this reason, the Parliament had to postpone the enactment of the Law on Basic Principles Regulating Entrepreneurial Activity for several months. 

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