Boc said the center will continue to operate within the Economy Ministry. He added the state secretary who heads the center will have to present the Government with weekly reports on investments.

The prime minister also said investment projects that are in progress and the measures aimed to attract new investors, as well as issues regarding the country’s European fund absorption rate, will be analyzed during every Government meeting.

“Ministers must inform the Government about investments worth over EUR1 million, to speed up authorization procedures. I noticed that, if we don’t rein in bureaucracy, investors leave,” said Boc.

He said he will meet with the representatives of the Romanian Center Promoting Commerce and Foreign Investments on Thursday.

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