Business in Romania

Business in Romania

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  • Liviu Mihaileanu
    Liviu Mihaileanu
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    Economic conditions snapshot: lowering taxes for businesses and consumers and currency management
    When McKinsey asked respondents which one action would do most to restore market stability, the responses express a clear focus on liquidity, with various ways to achieve it. The paths mentioned by many respondents are lowering taxes for businesses, consumers, or both; increasing consumer confidence and spending; focusing on global responses in regulation, currency management, and confidence building (what one executive calls “sincere cooperation of all nations”); and cogent, long-term leadership, described by another respondent as “pick a plan, stick with it, communicate tactics, be clear.”

    You may read the whole article at:
    http://mgmtblog.wordpress.com/2009/03/31/economic-conditions...