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1 July 19:15

Deputy Prime Minister Dragoș Anastasiu announced the finalization of the fiscal package, which will include spending cuts and tax increases, including VAT.

Liviu Brăteanu

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Current Affairs

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The fiscal package, dubbed the "ordinance-trail", will be finalized tomorrow and will contain austerity measures needed to avoid downgrading the country's credit rating. Deputy Prime Minister Anastasiu stressed the importance of negotiations with donors, including the European Commission, and said Romania needs to save 30 billion lei by the end of the year. The measures include tax adjustments and spending cuts, while VAT will also be revised.

Sources

Anastasiu anunță când va prezenta Guvernul pachetul fiscal: Va fi o „ordonanță-trenuleț”. Suntem cu spatele la zid

Dragoş Anastasiu: O să fie o ordonanţă Trenuleţ

Burnete: Aşteptăm pachetul fiscal, o ordonanță Trenuleţ. Riscăm scăderea rating-ului la junk, scenariul Grecia 2010

Guvernul Bolojan anunță miercuri sau joi pachetul de măsuri fiscale. Dragoș Anastasiu: O să fie o ordonanţă Trenuleţ

Dragoş Anastasiu: Aşteptăm mâine pachetul fiscal, mai larg, o să fie o ordonanţă Trenuleţ - Suntem cu spatele la zid. Pe 7 iulie trebuie să avem pachetul trecut

ȘTIRI PE ACELEAȘI SUBIECTE

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The Minister of Economy, Radu Miruță, stated that the fiscal measures and the reduction of government spending will start to produce results in six to seven months.

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Claudiu Năsui, USR deputy and former Minister of Economy: "The increase in taxes was a fatal mistake of the Bolojan Government. We have higher taxes and lower collections."

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