“I don’t think we will have trouble keeping on track for 1.5% economic growth in 2011, but given the worsening global economic perspectives, we must be very well prepared for the year 2012, with measures that support economic activity,” said Boc at the end of a meeting with representatives of the business environment.

Romania has forecast 3.5%-4% growth for next year.

The prime minister said the Government will analyze the proposals made during the meeting, such as raising the VAT registration limit to EUR50,000 from EUR35,000, reducing the number of parafiscal taxes, improving the computerized fiscal system to ease the creation of enterprises.

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