None. Great airport connections, great food, great night life, nice weather, 2h away from seaside or mountains by train. Bonus: 1 gbps for 55 RON (14 USD)
Old communist blocks in some areas don't make the city look too nice, but most don't care about that. New York has worse looking areas.
About the bureacracy: it's better than Germany or UK for example, but everything moves way slower sometimes.