17 June 16:00

Economy
Foto https://www.facebook.com/chrisnasulea/photos?locale=ro_RO
Romania's growing budget deficit is a persistent problem, and economics professor Christian Năsulea warns that solutions such as tax hikes are not viable. He argues such measures could worsen the economic situation, leading to recession. Instead, Năsulea suggests cutting government structural spending in the long term to restore the confidence of international partners and avoid a continuing budget crisis.