Thursday 18:00

International
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Marcin Kuśmierz, the leader of Allegro, emphasizes the danger of a Chinese commercial invasion in Europe, in the context where retailers from China could redirect their resources towards the European market. Platforms like Temu and Shein are already accused of tax dumping. In Romania, the government has started fiscal measures to counter the expansion of these platforms, but experts warn that without adequate controls, the negative effects on the economy will persist. Laura Codruța Kovesi, head of EPPO, compares tax fraud networks to a "Chinese mafia," highlighting complex tax evasion strategies. With the US tightening the rules, Europe remains vulnerable, and swift actions are essential to protect European SMEs.