Finance Minister Alexandru Nazare will present fiscal measures at the ECOFIN meeting to avoid the suspension of EU funds due to the budget deficit.
Raluca Ioana Draghici
Economy
www.shutterstock.com
Always see our news on Google
At the ECOFIN meeting in Brussels, Minister Alexandru Nazare will present a package of fiscal measures including an increase in VAT, excise duties and the introduction of CASS for various social categories. Romania faces a budget deficit of 9.3% of GDP and is in excessive deficit procedure. Prime Minister Ilie Bolojan emphasized that the current measures are just a start and that other fiscal packages will follow to correct financial imbalances. Wages and pensions will also remain frozen until 2026 and subsidies for political parties will be cut by 40%. The European Commission will assess Romania's progress every 6 months.
Sources
Ministrul Finanțelor merge azi la Bruxelles să convingă CE că noile taxe vor reduce deficitul uriaș al României
Guvernul trimite la Bruxelles lista cu scumpirile de la 1 august. Ministrul de Finanțe, la Ecofin | Newsweek Romania
Ministrul de Finanțe prezintă la Bruxelles noile taxe pe care le vor plăti românii din 1 august. Care este miza deplasării
Ministrul Finanțelor participă la reuniunea ECOFIN de la Bruxelles. Va prezenta pachetul de măsuri fiscale
Ministrul Nazare merge la EcoFin să salveze țara de sancțiuni. Pe ordinea de zi a întâlnirii este o evaluare a României
Ministrul Finanțelor prezintă astăzi noile măsuri fiscale la Bruxelles. O agenție de rating vine la București
Latest News
22:51
Luca Niculescu asks the state to tighten its belt before introducing new taxes
22:34
Minister of Development, Alexandru Stoica, clarifies the rules for enclosed balconies without a permit: the double tax does not apply
22:19
Luca Niculescu announces that Romania has practically completed the OECD accession process, with benefits for investment and jobs
22:02
Prime Minister Luca Niculescu confirms pension increases in 2027: “There will be an increase”
21:45
Traian Băsescu criticizes Romania’s policy toward the USA: “We have not had any policy toward the United States in recent years, since 2004. We have only had the policy of a fool”
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
