Professor Christian Năsulea emphasizes that raising taxes will not solve Romania's budget deficit, but it is necessary to reduce structural spending.
Călin Nicolescu
Economy
Foto https://www.facebook.com/chrisnasulea/photos?locale=ro_RO
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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.
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