Prof. Pencea argues that Romanian authorities are optimistic when expecting positive results by the end of this year, since anti-crisis actions were few and late. For example, the Government has not lowered taxes, although this solution is the simplest and the first to be recommended in case of a downturn, and it even adopted a contrary position by introducing new flat-rate corporate income tax. Trying to restart credit, following weak responses to actions taken by the central bank, the Government decided to guarantee mortgage loans, but the program does not refer exclusively to new property investments, so it will not help the construction industry. Prof. Pencea considers that only heavy investment in infrastructure, and especially transport infrastructure, could help construction companies, and the economy in general.











