CFA Romania argues that a tax on bank transactions will drive consumers back to cash payments, thus increasing the state's financing costs

<p>The president of CFA Romania, Adrian Codîrlașu, warns that the introduction of a tax on bank transactions will change consumer behavior, who will prefer cash payments, affecting market liquidity and increasing interest rates. He also criticizes the proposal for a solidarity tax on high incomes, saying it will increase the tax burden on wage earners, who are already hit by high taxes.