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Taking into consideration the achievements in the economic development of Romania in the last years, it complies with the criterion of being a functioning market economy. Despite the favorable trends registered, our country is still reforming and restructuring its economy. Therefore, vigorous implementation of its structural reform program should enable Romania to cope with competitive pressure and market forces within the European Union. Some improvements can be made in sustaining macroeconomic stability and in deepening structural reforms which requires strong political commitment, stable institutions, coherent public policies and financial resources.