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Which is the most powerful institution for the domestic business environment in BNR official’s view?

By Anca Bernovici
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Romania’s competition regulator could be an inhibiting factor, after becoming a too strong institution for domestic business environment, Adrian Vasilescu, advisor to the governor of the National Bank of Romania (BNR) said on Thursday during a press conference.

„It worries me that the Competition Council (CC) has become a very strong institution. It’s like we have a B league championship and a world class referee. A too strong Competition Council that whistles in a qualified way, but too severe, might also be an inhibitor factor, ” Vasilescu explained.

According to him, it is talked about debate in Romania, but not about competition. In Vasilescu’s opinion, CC must intervene including in the case of law on debt discharge.

He said that the text of the explanatory memorandum is not unified with the law text, which is why the European Commission intervened in, the president Iohannis asking the law review.

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Anca Bernovici

Anca Bernovici

I started my way in life with the intention to pursue a teaching career. But, after graduating from the Faculty of Letters – the University of Bucharest in 2004, my first job as a reporter at one of the leading newspapers in Romania changed my perspective. I have specialized in communication and communication campaigns, following the Master's courses at the Faculty of Journalism and Communication Studies (FJSC), attending a BBC Communications scholarship.
I’ve represented several important publications in Romania as business journalist, being accredited in the finance and banking field. In 2015, I had the opportunity to interview the International Monetary Fund (IMF) Mission Chief for Romania, Andrea Schaechter. As business journalist, I also had the opportunity to interview ministers for Economics and Commercial
Affairs offices within different embassies in Romania or officials of large companies investing on the domestic market.
After almost 15 years of journalism, I still want to explore new ways, to inform and stay updated. That’s why The Romania Journal project fits me so well.
Today I describe myself as a passionate about the history of world culture, having a PhD in Hebrew Culture and Civilization, after a scholarship at the University of Haifa International School, as a language addict, an environmental activist, pet lover and traveler.

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