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The Head of State, Mr Traian Băsescu, present for the last time in this function at the New Year Reception, underlined the importance of competitiveness for Romanian economy. State sector must be restructured, investments have to be channeled towards modernization. The most important objective for Romania is to continue the process of European integration. The introduction of the educational professional system of nearly 4 years ago could solve step by step the issue of qualified labor force, an important and widely discussed topic by the German companies. German investments are overcoming 6 billion EURO, and Germany is placed on the third place among the foreign investors in Romania ranking. The President Băsescu referred also to "an extremely important step", namely liberalizing the circulation of labor force in Romania. He also hopes to start the process of entering of Romania into the the Schengen area by the end of the year, and phasing out the process of entering the EURO zone. Only after performing on these issues we could say: we did it! Regarding the agreement with IMF, Băsescu showed that he is supporting it. Finally, Băsescu thanked the German companies for what they achieved as a part of the Romanian economy.
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