I think that the main reason for the reduced rate of German capital flows into Romania is the instability of the legal frame, that become by now chronicle. Companies that are looking for a place to invest don t think in terms of days, weeks or even months, but in terms of years, when they start planning. As long as laws are being changed permanently and government s promises are not reliable, it is understandable that companies rather look for other places to go. The other problem is the relative governmental instability in Romania. Changing the government always means for investor new contact persons that do not understand to respect promises made by the defunct one.
Corruption is also a reality and a serious enough problem in Romania.
It is a big chance for neighbors to get involved in different programs aiming to rebuild the destroyed infrastructure in Serbia, which could help Romanian companies raise their revenue considerably. Now, after the embargo against the RFY has been lifted, Romania should see Yugoslavia as a chance, a totally new market situated at its very borders. Recently, the European Union decided not to eliminate the travelling visas for the Romanians. The Romanian Foreign Affairs Ministry declared that the visa system means humiliation and discrimination for the Romanians. I don t see how we want to build up a united Europe as long as we keep on having walls dividing it.