Speaking at a conference on Romania’s EU accession, the prime minister said Romania also failed to entirely use foreign direct investments, which amounted to EUR44 billion between 2003 and 2010. He accused the 2007-2008 government of failure to entirely take advantage of foreign investments, missing the opportunity to reform the state.
Romania also failed to convince the EU to lift the Mechanism for Cooperation and Verification (CVM) in the justice sector. Another disappointment is the decision of nine EU member states to keep work restrictions for Romanians, Boc said.
He also pointed out that, five years after Romania joined the EU, it is not as competitive as its fellow member states.
Romania registers the fourth lowest public debt in EU, 61% below the European average, while its productivity is 57% lower than the EU average, said Boc.
To reduce this gap, the Government wants to increase employment rate from 63% to 70%, raise to 2% of the GDP the share of investments in research and development, as well as reduce poverty, he added.