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Cromwell: Romanian banks are afraid to invest in companies, the unpredictability of tax legislation affects the credit market

Romanian banks are afraid to invest in small companies and don’t have the tools to help SME’s become profitable as they are worried about the unpredictability of tax the legislation, which affects the credit market, Oana Motoi, Managing Partner at Cromwell Evan Global, said at Business Review’s Foreign Investors Summit. “The unpredictability of the tax legislation and other applicable legislation for the banking sector is one of ...

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