“The draft law on amending the Labor Code (…) is drastically reducing the labor conditions flexibility, lowering the companies’ and the country’s competitiveness. From our point of view, in case of adopting the amendments, (…) they will jeopardize the country’s economy,” the two associations said in a statement.
The current legislative framework led to the increase of the number of jobs and a lower unemployment rate, a positive economic growth, an increase of the minimum and average wage, representing a guarantee for labor market stability and, consequently, for the competitiveness of the Romanian economy, according to the representatives of the two associations.
CCIFER and AHK Romania currently include over 1,000 Romanian, German and French companies, with approximately 350,000 employees.