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
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