{"id":245473,"date":"2026-07-30T20:24:11","date_gmt":"2026-07-30T20:24:11","guid":{"rendered":"https:\/\/www.europesays.com\/ro\/245473\/"},"modified":"2026-07-30T20:24:11","modified_gmt":"2026-07-30T20:24:11","slug":"buni-de-ocde-dar-amenintati-cu-retrogradarea-la-junk-explicatia-unui-economist-despre-paradoxul-romanesc","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ro\/245473\/","title":{"rendered":"Buni de OCDE, dar amenin\u021ba\u021bi cu retrogradarea la junk. Explica\u021bia unui economist despre paradoxul rom\u00e2nesc"},"content":{"rendered":"<p>Rom\u00e2nia preg\u0103te\u0219te o aderare istoric\u0103 la OCDE, dar agen\u021biile interna\u021bionale de rating ne dau fiori reci \u0219i amenin\u021b\u0103 cu retrogradarea la categoria \u201ejunk\u201d. Cum se explic\u0103 acest dublu standard \u0219i ce riscuri ignor\u0103 politicienii afl\u0103m din analiza economistului Radu Nechita.<\/p>\n<p> <img decoding=\"async\" src=\"https:\/\/www.europesays.com\/ro\/wp-content\/uploads\/2026\/07\/1785443049_240_index.jpeg\" alt=\"Rom\u00e2nia e \u00een criz\u0103 economic\u0103\" width=\"1125\" height=\"750\" loading=\"eager\" fetchpriority=\"high\" class=\"svelte-1kfbksm\"\/> <\/p>\n<p>Cifrele economice ale Rom\u00e2niei arat\u0103 prost. FOTO: Pexels<\/p>\n<p>publicitate&#8221;); background-position: center center; background-repeat: no-repeat;&#8221;&gt;<\/p>\n<p>Agen\u021bia de rating Fitch ar urma s\u0103 anun\u021be vineri dac\u0103 economia Rom\u00e2niei trebuie retrogradat\u0103 la categoria junk (nerecomandat\u0103 investi\u021biilor). Alternativa ar fi men\u0163inerea ratingului BBB &#8211; cu perspectiv\u0103 negativ\u0103, care ne permite \u00eenc\u0103 s\u0103 ne finan\u021b\u0103m de pe pie\u021bele externe, de\u0219i la costuri exorbitante. <\/p>\n<p>Surprinz\u0103tor, \u00een timp ce se confrunt\u0103 cu riscul retrograd\u0103rii ratingului, Rom\u00e2nia se preg\u0103te\u0219te s\u0103 deschid\u0103 \u0219ampania \u0219i s\u0103 s\u0103rb\u0103toreasc\u0103 intrarea \u00een Organiza\u021bia pentru Cooperare \u0219i Dezvoltare Economic\u0103 (OCDE), cunoscut\u0103 \u0219i ca \u201eclubul boga\u021bilor\u201d. Profesorul Radu Nechita, de la Universitatea Babe\u0219-Bolyai explic\u0103, pentru \u201eAdev\u0103rul\u201d, acest paradox.<\/p>\n<p>Adev\u0103rul: Rom\u00e2nia se confrunt\u0103 \u00een aceast\u0103 perioad\u0103 cu un paradox economic. Pe de o parte, din cauza contraperforman\u021belor economice risc\u0103 s\u0103 fie retrogradat\u0103, dar aceea\u0219i economie \u0219ubrezit\u0103 o calific\u0103 s\u0103 devin\u0103 parte a OCDE. Cum a\u021bi explica acest paradox?\u00a0<\/p>\n<p>Radu Nechita: Este un paradox, dar a\u0219 spune c\u0103 mai degrab\u0103 este un paradox aparent. Exist\u0103 o confuzie care-i f\u0103cut\u0103 frecvent atunci c\u00e2nd vorbim despre Rom\u00e2nia. Eu a\u0219 face distinc\u021bia \u00eentre statul rom\u00e2n \u0219i Rom\u00e2nia. Statul rom\u00e2n este, ca \u0219i orice stat, o organiza\u021bie care revendic\u0103 cu succes monopolul violen\u021bei pretins legitime pe un teritoriu dat, \u00een cazul de fa\u021b\u0103 teritoriul geografic cunoscut sub numele de Rom\u00e2nia.<\/p>\n<p>Rom\u00e2nia \u00eenseamn\u0103 to\u021bi oamenii care tr\u0103iesc pe acest teritoriu \u0219i nu toate propriet\u0103\u021bile, toate firmele, toate mijloacele care sunt \u00een m\u0103sur\u0103 s\u0103 produc\u0103 bog\u0103\u021bie, tot capitalul, nu toate acestea apar\u021bin statului rom\u00e2n. Deci e vorba de o separare conceptual\u0103, zic eu, care ar trebui s\u0103 fie mai clar\u0103.<\/p>\n<p>publicitate&#8221;); background-position: center center; background-repeat: no-repeat;&#8221;&gt;<\/p>\n<p>\u0218i atunci, \u00een momentul \u00een care discut\u0103m de aderarea la <a href=\"https:\/\/adevarul.ro\/economie\/ce-aduce-pentru-buzunarul-cetateanului-de-rand-2528479.html\" rel=\"nofollow noopener\" target=\"_blank\">OCDE<\/a>, exist\u0103 anumite criterii, dintre care multe se refer\u0103, sigur, la statul rom\u00e2n, dar multe se refer\u0103 la economia rom\u00e2neasc\u0103, adic\u0103 la ceva care nu este neap\u0103rat acela\u0219i lucru cu statul rom\u00e2n, la capacitatea firmelor de a supravie\u021bui \u00eentr-un mediu concuren\u021bial \u0219i a\u0219a mai departe. \u0218i sunt mai multe criterii pe care le respect\u0103m, a\u0219a c\u0103 are lanse foarte mari s\u0103 adere la OCDE, care este o organiza\u021bie a \u021b\u0103rilor relativ dezvoltate, care consider\u0103, mai mult dec\u00e2t altele, c\u0103 libertatea individual\u0103 \u0219i economia de pia\u021b\u0103 sunt ni\u0219te obiective importante.<\/p>\n<p> Costa Rica \u0219i Columbia ne-au luat-o \u00eenainte <\/p>\n<p>\u0218i totu\u0219i, \u021b\u0103ri precum Columbia \u0219i Costa Rica au fost acceptate \u00een OCDE f\u0103r\u0103 s\u0103 fie ni\u0219te economii puternice, ba chiar au fost primite \u00eenaintea noastr\u0103. Care ar fi explica\u021bia?<\/p>\n<p>P\u0103i sta\u021bi un pic, Columbia \u0219i Costa Rica sunt \u021b\u0103ri care au un PIB pe cap de locuitor suficient de ridicat \u00eenc\u00e2t s\u0103 le califice acolo. \u00cen primul r\u00e2nd, este democra\u021bie \u0219i \u00een Columbia, \u0219i \u00een Costa Rica.\u00a0<\/p>\n<p>Deci e vorba de \u021b\u0103ri, ca s\u0103 simplific\u0103m, capitaliste, bogate \u0219i democratice. Cam \u0103sta e criteriul. De asta aici nu vom g\u0103si Rusia, nu vom g\u0103si altele care nu \u00eemp\u0103rt\u0103\u0219esc aceste valori.<\/p>\n<p>Deci e vorba de o comunitate de valori, o comunitate de sisteme economice \u00een care exist\u0103 un nivel minim de \u00eendeplinire a unor standarde. <a href=\"https:\/\/adevarul.ro\/securitate-si-aparare\/nu-i-fezabil-sa-distrugi-drone-de-mii-de-euro-cu-2546058.html\" rel=\"nofollow noopener\" target=\"_blank\">Rom\u00e2nia <\/a>se pare c\u0103, deja prin faptul c\u0103 suntem membri ai Uniunii Europene, \u00eendepline\u0219te o mare parte din criteriile de aderare la organiza\u021bia respectiv\u0103. O mare parte din procesul de aderare a \u00eensemnat lucruri de ordin tehnic, de verificare, un fel de evaluare, mai mult dec\u00e2t eforturi deosebite.  <\/p>\n<p>publicitate&#8221;); background-position: center center; background-repeat: no-repeat;&#8221;&gt;<\/p>\n<p>Noi am f\u0103cut eforturi mult mai mari pentru a compatibiliza sistemul nostru economic, politic \u0219i de valori la momentul ader\u0103rii la Uniunea European\u0103, de\u0219i cred c\u0103 nici ast\u0103zi \u00eenc\u0103 nu suntem chiar cu totul acolo. Deci procesul a fost mai complicat atunci.<\/p>\n<p> De ce sunt \u00eengrijorate agen\u021biile de rating <\/p>\n<p>S\u0103 \u00een\u021belegem atunci c\u0103 aceast\u0103 organiza\u021bie are criterii un pic mai relaxate, cel pu\u021bin din punct de vedere economic, dec\u00e2t le au marile agen\u021bii de rating?\u00a0 \u00a0\u00a0<\/p>\n<p>Mai degrab\u0103 a\u0219 spune c\u0103 agen\u021biile de rating se preocup\u0103 de ceva mult mai restr\u00e2ns. Po\u021bi avea ansamblul necesar pentru a fi \u00een acel club OECD \u0219i totu\u0219i s\u0103 ai anumite riscuri de subperforman\u021b\u0103 \u00een anumite domenii. \u00cengrijorarea agen\u021biilor de rating \u021bine strict de partea politic\u0103, de partea de guvern, de structura parlamentului.  \u0218i riscul nu este neap\u0103rat legat de acest guvern care a fost deja demis, iar cei care l-au demis n-au \u0219tiut ce s\u0103 pun\u0103 \u00een loc \u0219i nu se \u00een\u021beleg ce anume s\u0103 pun\u0103, \u00eengrijorarea nu este at\u00e2t fa\u021b\u0103 de acest guvern, ci fa\u021b\u0103 de ce ar putea veni dup\u0103. Aici este problema.  Noi am fost \u00een 2024-2025 \u00eentr-o situa\u021bie, din punct de vedere bugetar, absolut catastrofal\u0103. A fost un dezm\u0103\u021b al cheltuielilor publice, \u00een care cuplul Ciuc\u0103-Ciolacu \u0219i al\u021bii care le f\u0103ceau galerie s-au coalizat; asta a \u00eensemnat \u201estabilitate\u201d, a fost o stabilitate \u00een devalizarea banului public, \u00een transformarea bugetului statului \u00eentr-un imens buget de campanie electoral\u0103. Deficitul acela abisal pe care ni l-a l\u0103sat, datoria public\u0103 umflat\u0103&#8230; v-am mai spus \u0219i cu alte ocazii, datoria public\u0103 a explodat \u00een ultimii ani, cheltuielile publice au explodat. Ele erau, \u00een 2024-2025, duble exprimate \u00een euro fa\u021b\u0103 de cele din 2019, deci cu vreo 5-6 ani \u00eenainte.  Asta a fost. Noi eram \u00eentr-o situa\u021bie dificil\u0103 ce trebuia remediat\u0103. Apoi a venit Guvernul Bolojan \u0219i a fost un cocktail de m\u0103suri, pentru c\u0103 fiind o coali\u021bie din asta de 4 partide, fiecare a venit cu ni\u0219te idei puse \u00eentr-un program de guvernare. Din p\u0103cate, s-a \u00eenceput cu cre\u0219teri de impozite Unii spuneau c\u0103 nu este nevoie \u0219i c\u0103 ar trebui mers direct la reducerea cheltuielilor publice. \u00cen cel mai r\u0103u caz, dac\u0103 tot era un pachet, trebuiau f\u0103cute toate simultan. Preocuparea agen\u021biilor de rating se refer\u0103 la faptul c\u0103 nici p\u00e2n\u0103 \u00een prezent nu s-a t\u0103iat destul din cheltuielile publice, iar opozi\u021bia, sau m\u0103 rog, coali\u021biile, structura parlamentului, este de a\u0219a natur\u0103 \u00eenc\u00e2t pare c\u0103 nimeni nu pricepe gravitatea situa\u021biei. \u00cen loc s\u0103 fie o \u00eentrecere \u00een a g\u0103si metode de a restructura \u0219i de a face ordine \u00een cheltuielile publice, este de fapt o \u00eentrecere \u00een care vine cu abera\u021biile mai mari: iar\u0103\u0219i cheltuieli, iar\u0103\u0219i cre\u0219teri de salarii, iar\u0103\u0219i cre\u0219teri de pensii, de la magistra\u021bi la medici, de la profesori la specialii de prin servicii.  Totul este de natur\u0103 s\u0103 \u00eengrijoreze c\u0103 alternativa la acest guvern va fi un guvern mai populist, mai m\u00e2n\u0103 spart\u0103 dec\u00e2t tot ce am avut cu Ciuc\u0103 \u0219i Ciolacu.<\/p>\n<p>publicitate&#8221;); background-position: center center; background-repeat: no-repeat;&#8221;&gt;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/ro\/wp-content\/uploads\/2026\/07\/1785443051_661_index.jpeg\" alt=\"Economistul Radu Nechita\" width=\"1126\" height=\"750\" loading=\"lazy\" class=\"svelte-1kfbksm\"\/> <\/p>\n<p>Economistul Radu Nechita<\/p>\n<p> Cre\u0219terea taxelor \u0219i impozitelor, o gre\u0219eal\u0103 imens\u0103 <\/p>\n<p>Au fost mul\u021bi economi\u0219ti liberali care sus\u021bin c\u0103 cre\u0219terea impozitelor \u0219i a taxelor a fost mare gre\u0219eal\u0103 \u0219i a ruinat economia. Dumneavoastr\u0103 cum vede\u021bi acest lucru?<\/p>\n<p>Poate c\u0103 anumite cre\u0219teri de impozite se justificau. Eu nu sunt convins.\u00a0\u0218tiu doar c\u0103 este o m\u0103sur\u0103 neliberal\u0103. \u0218tiu c\u0103 o economie care era, ca \u0219i atunci, pe marginea recesiunii, dup\u0103 tot felul de cre\u0219teri de impozite din anii preceden\u021bi, fiecare 1 ianuarie aduc\u00e2nd noi cre\u0219teri, nu avea cum s\u0103 fie ajutat\u0103 s\u0103 creasc\u0103 de o astfel de m\u0103sur\u0103. Deci categoric, \u00eenc\u0103 o dat\u0103, nu era o m\u0103sur\u0103 liberal\u0103. Nu era o m\u0103sur\u0103 care s\u0103 ajute la cre\u0219terea economic\u0103, s\u0103 ajute sectorul privat, care a fost ciom\u0103git fiscal ani la r\u00e2nd. \u0218i nu \u0219tiu dac\u0103, \u00eentr-adev\u0103r, era at\u00e2t de urgent de stors \u00eenc\u0103 o tur\u0103 contribuabilul privat din Rom\u00e2nia.  <\/p>\n<p> <a class=\"related-inline svelte-78g0vl\" data-gtrack=\"{&quot;event&quot;:&quot;utm_click&quot;,&quot;data&quot;:{&quot;event_category&quot;:&quot;article_related&quot;}}\" href=\"https:\/\/adevarul.ro\/stiri-interne\/evenimente\/dronele-doborate-in-ultimele-zile-semne-ale-unui-2546007.html\" title=\"Alt articol de interes pentru tine\" rel=\"nofollow noopener\" target=\"_blank\"> Dronele dobor\u00e2te \u00een ultimele zile, semne ale unui iminent atac rusesc? Verdictul exper\u021bilor <\/a><\/p>\n<p>\u0218i poate c\u0103 mai puteai cumva s\u0103 justifici acel efort suplimentar cerut contribuabilului privat dac\u0103 veneai cu ni\u0219te reduceri de cheltuieli \u00een propor\u021bie de 1 la 1, 2 la 1, 3 la 1 t\u0103ieri de cheltuieli publice \u0219i de restr\u00e2ngere, de diet\u0103 a acestui stat obez.<\/p>\n<p>Puteai s\u0103 \u00eempachetezi, s\u0103 argumentezi, s\u0103 faci mai acceptabile ni\u0219te sacrificii dac\u0103 vedeai c\u0103 ele sunt suportate \u0219i, sau mai mult, de cei care ne-au adus aici. Adic\u0103, reduc\u00e2nd cheltuielile publice \u0219i f\u0103c\u00e2nd ordine \u00een acest sistem, puteai s\u0103 generezi o idee de speran\u021b\u0103, de stabilitate: \u201eAm \u00een\u021beles, am f\u0103cut gre\u0219eli, promitem c\u0103 nu mai facem \u0219i uite dovada, nu numai \u00een cuvinte, ci \u0219i \u00een ac\u021biunile pe care le facem.\u201d  Am mai f\u0103cut acest calcul, poate v-am zis: dac\u0103 \u00een 2025 cheltuielile publice ar fi r\u0103mas la nivelul celor din 2024, care, a\u0219a cum am zis mai \u00eenainte, au fost umflate fa\u021b\u0103 de anii preceden\u021bi, dac\u0103 noi \u00een 2025 aveam cheltuielile publice \u00eenghe\u021bate (nu reduse, ci doar \u00eenghe\u021bate la nivelul lui 2024), deficitul bugetar ar fi fost redus undeva la 3% din PIB.<\/p>\n<p> Una zicem, alta facem <\/p>\n<p>Asta \u00eenseamn\u0103 c\u0103 Guvernul Bolojan a crescut, de fapt, cheltuielile bugetare, de\u0219i sus\u021bine c\u0103 le-a redus?<\/p>\n<p>Bine\u00een\u021beles c\u0103 au crescut. Aici este problema \u0219i asta este critica: acele cre\u0219teri de salarii, de pensii \u0219i alte risipe de toate felurile pe partea guvernamental\u0103, pe partea de cheltuieli publice, au dep\u0103\u0219it anii preceden\u021bi. Ideea este c\u0103, oric\u00e2t s-a stors de pe contribuabilul rom\u00e2n, politicienii, statul, guvernul din Rom\u00e2nia au reu\u0219it s\u0103 cheltuie tot ce au stors \u0219i \u00eenc\u0103 ceva peste. Deci, mare performan\u021b\u0103!  Iar faptul c\u0103, \u201evai de mine, nu putem s\u0103 reducem cheltuielile publice\u201d, \u00een condi\u021biile \u00een care, \u00een urm\u0103 cu 5 ani, erau la jum\u0103tate exprimate \u00een euro fa\u021b\u0103 de c\u00e2t sunt acum,, este o poveste pe care mul\u021bi economi\u0219ti oficiali, de pe la unele partide sau din \u0103\u0219tia care-s chema\u021bi mereu pe bani mul\u021bi s\u0103 explic\u0103 ce \u0219i cum, economi\u0219tii \u0103\u0219tia oficiali, prietenii politicienilor, mereu explic\u0103 de ce statul rom\u00e2n nu are destui bani, c\u0103 problema \u00een Rom\u00e2nia este insuficien\u021ba veniturilor bugetare \u0219i a\u0219a mai departe.  \u00cei \u0219tim care sunt cei care mereu sunt de partea statului \u0219i niciodat\u0103 de partea contribuabilului. Acei economi\u0219ti explic\u0103 faptul c\u0103 nu-s destui bani. Pe mine nu m\u0103 conving c\u0103, dup\u0103 ce ai dublat cheltuielile publice \u00een 5 sau 6 ani, nu le po\u021bi reduce cu 5 sau 10%.<\/p>\n<p>publicitate&#8221;); background-position: center center; background-repeat: no-repeat;&#8221;&gt;<\/p>\n<p>Mai avem \u0219i alte probleme uria\u0219e: datoria \u021b\u0103rii cre\u0219te, economia e \u00een recesiune. Ce se \u00eent\u00e2mpl\u0103, de fapt?<\/p>\n<p>Datoria cre\u0219te pentru c\u0103 datoria public\u0103 este rezultatul deficitelor succesive. \u0218i aici e foarte u\u0219or s\u0103-l \u00eenjur pe prim-ministrul de acum, dar dac\u0103 v\u0103 uita\u021bi, din 1990 p\u00e2n\u0103 ast\u0103zi toate guvernele au f\u0103cut deficit. Eu \u00eei bag la pachet: putere \u0219i opozi\u021bie. Adic\u0103 oricine a fost \u00een parlament \u00een ace\u0219ti 30 de ani \u0219i nu s-a ridicat s\u0103 spun\u0103: \u201eTrebuie reduse cheltuielile publice, nu mai m\u0103ri\u021bi cheltuielile, nu putem s\u0103 le mai m\u0103rim, l\u0103sa\u021bi naibii oamenii \u00een pace, nu mai m\u0103ri\u021bi impozitele!\u201d<\/p>\n<p>Singura metod\u0103 s\u0103 ne \u00eembog\u0103\u021bim este s\u0103 avem mai mult capital, iar capitalul trebuie acumulat sau atras din alt\u0103 parte. Nu acumulezi \u0219i nu atragi capital h\u0103ituind \u00eentreprinz\u0103torii.\u00a0<\/p>\n<p> E \u0219i mai grav dec\u00e2t ni se spune? <\/p>\n<p>Apropo de riscul de retrogradare \u0219i de reac\u021bia agen\u021biilor de rating: exist\u0103 vreun pericol real s\u0103 fim sanc\u021biona\u021bi sau considera\u021bi din nou c\u0103 dep\u0103\u0219im limitele, ori ne vor mai p\u0103sui o dat\u0103 pe fondul iner\u021biei economice, chiar \u0219i cu aceste cre\u0219teri de impozite?\u00a0\u00a0<\/p>\n<p> <a class=\"related-inline svelte-78g0vl\" data-gtrack=\"{&quot;event&quot;:&quot;utm_click&quot;,&quot;data&quot;:{&quot;event_category&quot;:&quot;article_related&quot;}}\" href=\"https:\/\/adevarul.ro\/securitate-si-aparare\/cat-mai-poate-rezista-ucraina-cartile-nu-mai-2546247.html\" title=\"Alt articol de interes pentru tine\" rel=\"nofollow noopener\" target=\"_blank\"> C\u00e2t mai poate rezista Ucraina? \u201eC\u0103r\u021bile nu mai sunt doar la Putin\u201d <\/a><\/p>\n<p>Agen\u021biile de rating apreciaz\u0103 capacitatea statului rom\u00e2n de a rambursa ni\u0219te \u00eemprumuturi \u0219i riscul ca s\u0103 existe \u00eent\u00e2rzieri sau probleme \u00een rambursarea acelor \u00eemprumuturi.  Un guvern care are cheltuielile publice cu vreo 20% peste veniturile bugetare&#8230; Degeaba \u00eencerc\u0103m noi s\u0103 povestim c\u0103 e 5-6% din PIB. 5-6% din PIB \u00eenseamn\u0103 c\u0103 deficitul bugetar arat\u0103 c\u0103, de fapt, cheltuielile sunt mai mari dec\u00e2t veniturile cu undeva la 20-25%. Deci o astfel de gestiune a finan\u021belor publice arat\u0103 c\u0103 exist\u0103 iresponsabilitate fiscal\u0103, se m\u0103re\u0219te datoria public\u0103, deja suntem peste acel 60%.  \u0218i, potrivit tratatelor europene (c\u0103rora, din p\u0103cate, nu li s-a asigurat enforcement-ul \u0219i n-au fost respectate de la bun \u00eenceput, adic\u0103 de la adoptarea euro, celebrul 60% datorie public\u0103 maxim\u0103, 3% deficit maxim \u0219i toate celelalte legate de infla\u021bie, rate ale dob\u00e2nzilor \u0219i stabilitatea cursului de schimb), acele criterii nu au fost respectate de la bun \u00eenceput.  Deci cumva euro \u0219i toat\u0103 aceast\u0103 construc\u021bie, de\u0219i au existat ni\u0219te promisiuni f\u0103cute de politicieni \u00een 1991-1992 prin Tratatul de la Maastricht, nu au fost respectate. Dac\u0103 era s\u0103 fie respectate acele tratate, zona euro ar fi trebuit s\u0103 fie format\u0103 doar din Olanda \u0219i Luxemburg, dac\u0103 nu gre\u0219esc. Inclusiv Germania \u00eenc\u0103lca regulile, Fran\u021ba, nu mai vorbim pe partea de datorie public\u0103. Deci au existat probleme \u00een respectarea regulilor \u00een toate \u021b\u0103rile europene.\u00a0\u00a0<\/p>\n<p>Dac\u0103 ar fi \u00een final s\u0103 sintetiz\u0103m \u0219i s\u0103 le explica\u021bi c\u00e2t mai bine cititorilor, cum am\u00a0rezuma, pe scurt, acest paradox \u00eentre aderarea la OECD \u0219i semnalele de alarm\u0103 date de agen\u021biile de rating?\u00a0 \u00a0\u00a0<\/p>\n<p>publicitate&#8221;); background-position: center center; background-repeat: no-repeat;&#8221;&gt;<\/p>\n<p>Diferen\u021ba const\u0103 \u00een faptul c\u0103 aderarea la OCDE ia \u00een calcul o mul\u021bime de criterii istorice \u0219i institu\u021bionale, pe care le po\u021bi \u00eendeplini chiar \u0219i la un nivel minim, \u00een timp ce agen\u021biile de rating evalueaz\u0103 strict capacitatea actual\u0103 \u0219i viitoare a statului \u0219i a guvernului de a-\u0219i onora angajamentele financiare \u0219i \u00eemprumuturile.\u00a0\u00a0<\/p>\n<p> Cum analizeaz\u0103 agen\u021biile de rating <\/p>\n<p>A\u0219adar, analiza agen\u021biilor de rating este mai dur\u0103 \u0219i axat\u0103 strict pe cifre, cumva mai contabilice\u0219te?\u00a0 \u00a0\u00a0<\/p>\n<p>\u0218i ca s\u0103 rezum\u0103m, analiza agen\u021biilor este mai unilateral\u0103, \u00een sensul c\u0103 le intereseaz\u0103 doar cheltuielile publice, deficitul, datoria public\u0103, reglement\u0103rile \u0219i mai ales semnalele despre ce va urma \u00een viitor. Adic\u0103: dac\u0103 nu avem un guvern cu puteri depline acum, ce va veni dup\u0103? Va veni un guvern care s\u0103 continue m\u0103surile de asanare \u0219i ordine \u00een sectorul public, sau vor veni demagogi \u0219i mai mari dec\u00e2t ce am avut p\u00e2n\u0103 acum?  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