NBR adviser Eugen Rădulescu insists on the need for urgent economic and social reforms and calls on the future government to take responsibility for their implementation

<p>Eugen Rădulescu, an adviser at the NBR, warns that Romania has no time to lose for deep economic reforms. He suggests that the new government, once validated in parliament, should take on a legislative package covering at least 70% of the necessary reforms. Mr. Rădulescu underlines the difficulties encountered due to powerful interests opposing reforms. Radu Burnete, executive director of Concordia, adds that it is essential to tackle problems such as tax evasion and red tape that hamper the absorption of EU funds.