The Concordia Employers’ Confederation calls for the urgent formation of a new Government with a mandate to restart the economy, continue structural reforms and maintain commitments to international partners, according to a statement sent to Energynomics.
Regardless of the political assessments of the moment, Concordia reports that a prolonged political crisis could cost Romania over 100 billion lei in five years, through the combined effect of losing the country’s investment grade rating and blocking European funds.
Romania is already in a fragile moment, which is seen in the exchange rate, in the yields of government bonds and in the country’s credibility with investors.
“We have 15 billion euros available for Romania from European funds in 2026. The deadline for the money from the PNRR is August 31, 2026. There are only 119 days left. Time is very short and we urgently need real, responsible dialogue that will lead to the restoration of a balance on the part of all decision-makers. Romania has lost a government, it is essential that it does not lose its direction. Companies in Romania do not look at which party is in power. They look at today’s exchange rate, today’s interest rate, energy bills. And today, everything is worse than two weeks ago or two months ago,” said Paul Aparaschivei, executive director of Concordia.
Thus, Concordia calls on all political actors to treat the formation of the new Government “as a national emergency, not as a contest of egos or a negotiation of positions.”
Confederation officials say that Romania has clear commitments to the European Commission and its international partners regarding the reduction of the budget deficit and the implementation of the reforms in the PNRR. Each week of political uncertainty translates into a lack of predictability that means postponed investments, blocked projects and jobs put at risk.
“We also demand that the discussions regarding a new Executive be centered around a coherent economic program. Concordia’s priorities remain unchanged: the elimination of turnover taxes from 2027, to unlock essential capital for private investments, fiscal predictability in the medium and long term, without new taxes, accelerating investments in energy and transport infrastructure, and a real, constant and consistent social dialogue with representative employer organizations, to bring more competitiveness to the Romanian economy. Concordia remains committed to contributing to this process. We are open and will offer concrete proposals and solutions in any consultation that serves Romania’s economic interest,” the confederation officials concluded.
