{"id":4005,"date":"2025-01-27T10:29:42","date_gmt":"2025-01-27T10:29:42","guid":{"rendered":"https:\/\/unpr-rse.ro\/?p=4005"},"modified":"2025-01-28T08:51:26","modified_gmt":"2025-01-28T08:51:26","slug":"daniel-moraru-dialogul-autoritati-mediu-de-afaceri-esential-pentru-redresarea-economica-a-romaniei-dupa-scaderea-ratingului-sp","status":"publish","type":"post","link":"https:\/\/unpr-rse.ro\/en\/2025\/01\/27\/daniel-moraru-dialogul-autoritati-mediu-de-afaceri-esential-pentru-redresarea-economica-a-romaniei-dupa-scaderea-ratingului-sp\/","title":{"rendered":"Daniel Moraru: Dialogue between authorities and the business environment is essential for Romania's economic recovery after the S&amp;P rating downgrade"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"4005\" class=\"elementor elementor-4005\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-55ccd8cf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"55ccd8cf\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-20bf3676\" data-id=\"20bf3676\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6d8aec64 elementor-widget elementor-widget-text-editor\" data-id=\"6d8aec64\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.22.0 - 17-06-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-large wp-image-3814\" src=\"https:\/\/unpr-rse.ro\/wp-content\/uploads\/2024\/09\/UNPR_Protocol_Colaborare_0151-2-1024x683.jpg\" alt=\"Daniel Moraru UNPR-RSE\" width=\"1024\" height=\"683\" srcset=\"https:\/\/unpr-rse.ro\/wp-content\/uploads\/2024\/09\/UNPR_Protocol_Colaborare_0151-2-1024x683.jpg 1024w, https:\/\/unpr-rse.ro\/wp-content\/uploads\/2024\/09\/UNPR_Protocol_Colaborare_0151-2-300x200.jpg 300w, https:\/\/unpr-rse.ro\/wp-content\/uploads\/2024\/09\/UNPR_Protocol_Colaborare_0151-2-768x512.jpg 768w, https:\/\/unpr-rse.ro\/wp-content\/uploads\/2024\/09\/UNPR_Protocol_Colaborare_0151-2-1536x1024.jpg 1536w, https:\/\/unpr-rse.ro\/wp-content\/uploads\/2024\/09\/UNPR_Protocol_Colaborare_0151-2-2048x1365.jpg 2048w, https:\/\/unpr-rse.ro\/wp-content\/uploads\/2024\/09\/UNPR_Protocol_Colaborare_0151-2-18x12.jpg 18w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p><p><b>Standard &amp; Poor&#8217;s<\/b><span style=\"font-weight: 400;\"> has revised Romania\u2019s rating outlook, downgrading it from stable to <\/span><b>negative (BBB-\/A-3)<\/b><span style=\"font-weight: 400;\">, which may prompt a more cautious approach from investors.<\/span><\/p><p><span style=\"font-weight: 400;\">In this context, <\/span><b>Daniel Moraru, President of the National Union of Romanian Employers \u2013 South-East Region<\/b><span style=\"font-weight: 400;\">emphasizes the importance of dialogue:<\/span><\/p><p><span style=\"font-weight: 400;\">\"It is important to acknowledge the challenges we face in financial markets and the investment sector. Although the country's rating downgrade may be concerning, it is essential to manage these issues calmly, considering the impact on economic stability and long-term development.<\/span><\/p><p><span style=\"font-weight: 400;\">I call on the authorities to be open to the business community's perspective and to adopt an approach that focuses less on political considerations.<\/span><\/p><p><span style=\"font-weight: 400;\">I emphasize that this negative rating can and does have repercussions for our economy and everyone in the business sector. I hope that government measures will yield favorable results and guide us toward the desired stability of the national economy.<\/span><\/p><p><span style=\"font-weight: 400;\">I also look forward to the meeting proposed by the Minister of Finance, Mr. <\/span><b>Tanczos Barna<\/b><span style=\"font-weight: 400;\">, to discuss solutions. It is important that we focus on constructive actions to move forward.\"<\/span><\/p><p><b><i>The concern of UNPR-RSE President Daniel Moraru is driven by several potential consequences of the new rating:<\/i><\/b><\/p><p><b>Higher borrowing costs:<\/b><\/p><p><span style=\"font-weight: 400;\">The downgrade may lead to increased interest rates on debt, as investors perceive a lower rating as a higher risk. This raises borrowing costs for both the government and companies.<\/span><\/p><p><b>Reduced investments:<\/b><\/p><p><span style=\"font-weight: 400;\">Local and foreign investors may become reluctant to allocate funds to the country, potentially leading to a decrease in capital inflows and, consequently, economic stagnation.<\/span><\/p><p><b>Financial market volatility:<\/b><\/p><p><span style=\"font-weight: 400;\">A lower rating can cause instability in financial markets, leading to larger fluctuations in exchange rates and the prices of stocks and bonds traded on regulated markets<\/span><\/p><p><b>Decline in confidence:<\/b><\/p><p><span style=\"font-weight: 400;\">A negative rating can undermine consumer confidence, resulting in reduced consumption and lower economic activity.<\/span><\/p><p><b>Impact on local companies:<\/b><\/p><p><span style=\"font-weight: 400;\">Companies dependent on external financing or involved in international business may face difficulties in accessing funds, which could limit their growth potential.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p><p><b>Adjustments in fiscal and economic policy:<\/b><\/p><p><span style=\"font-weight: 400;\">The government may be forced to implement austerity measures or realistic economic reforms to demonstrate fiscal responsibility, potentially affecting public services and investments.<\/span><\/p><p><b>Challenges in refinancing existing debt:<\/b><\/p><p><span style=\"font-weight: 400;\">Difficulties may arise in refinancing existing debt, increasing the risk of default.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Standard &amp; Poor&#8217;s a revizuit perspectiva ratingului Rom\u00e2niei, clasfic\u00e2nd-o de la stabil\u0103 la negativ\u0103 (BBB-\/A-3), ceea ce poate determina o abordare mai atent\u0103 din partea investitorilor. \u00cen acest context, Daniel Moraru, Pre\u0219edintele Uniunii Na\u021bionale a Patronatului Rom\u00e2n din Regiunea Sud-Est, pune accent pe importan\u021ba dialogului: \u201eEste important s\u0103 recunoa\u0219tem provoc\u0103rile cu care ne confrunt\u0103m pe [&hellip;]<\/p>","protected":false},"author":1,"featured_media":3814,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[66],"tags":[],"class_list":["post-4005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-noutati"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/unpr-rse.ro\/en\/wp-json\/wp\/v2\/posts\/4005","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/unpr-rse.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/unpr-rse.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/unpr-rse.ro\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/unpr-rse.ro\/en\/wp-json\/wp\/v2\/comments?post=4005"}],"version-history":[{"count":4,"href":"https:\/\/unpr-rse.ro\/en\/wp-json\/wp\/v2\/posts\/4005\/revisions"}],"predecessor-version":[{"id":4011,"href":"https:\/\/unpr-rse.ro\/en\/wp-json\/wp\/v2\/posts\/4005\/revisions\/4011"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/unpr-rse.ro\/en\/wp-json\/wp\/v2\/media\/3814"}],"wp:attachment":[{"href":"https:\/\/unpr-rse.ro\/en\/wp-json\/wp\/v2\/media?parent=4005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/unpr-rse.ro\/en\/wp-json\/wp\/v2\/categories?post=4005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/unpr-rse.ro\/en\/wp-json\/wp\/v2\/tags?post=4005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}