Head of Fiscal Council criticizes the idea that citizens generated the budget deficit and underlines the lack of credibility of government promises

Daniel Dăianu, head of the Fiscal Council, warns that citizens are not responsible for the budget deficit and that Romania's governments have failed to keep their promises. He stresses that fiscal measures must be credible to win the confidence of financial markets. Dăianu believes that cutting spending is essential to reduce the deficit and that the ANAF must be depoliticized to fight tax evasion. The economic outlook is gloomy, given the reduction in EU funds.