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53 new news items in the last 24 hours
1 August 17:32

Austerity measures in Romania include raising VAT on books from 5% to 11%, which could lead to the disappearance of bookstores and publishers.

Delia Niculescu
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The Romanian government has imposed austerity measures, including a VAT hike on books, which experts consider dramatic given that only 30% of Romanians read. This will seriously affect the publishing market, with the risk of closing bookstores and publishing houses, especially small ones. By comparison, other EU countries have significantly lower VAT rates for books. The impact will include price increases, lower sales and a return to self-publishing, affecting the quality of Romanian literature.

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România, țara UE în care se citește cel mai puțin, are de vineri al doilea TVA ca mărime pentru cărți
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Economedia
Agenţia spaniolă de presă EFE: România, ţara din Uniunea Europeană unde se citeşte cel mai puţin, creşte TVA-ul pentru cărţi de la 5% la 11%, decizie considerată de experţi dramatică

ȘTIRI PE ACELEAȘI SUBIECTE

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International
The Danish government is proposing to abolish the 25% VAT on books to boost reading, given the reading crisis in recent years.
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News
Financial Times: Romania risks economic collapse due to austerity measures
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News
Apple will increase App Store app prices in Romania and other countries starting August 23, 2025, due to VAT increases.
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Economy
Romania has recorded the highest consumption growth in Europe, with an inflation of 7.84% in 2025, influenced by the increase in VAT and in the prices of goods and services.
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News
The government has adopted an ordinance that increases the toll rates for the road tax and the fees for the bridges over the Danube, coming into effect in 10 days.
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Politics
Prime Minister Ilie Bolojan said that property taxes for individuals could increase by up to 70% in some localities, starting January 1, 2026.
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Romania growth VAT books

Informat Moldova

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Moldova
yesterday 09:43

The mayor of Chișinău, Ion Ceban, confirmed that he was in Moscow on February 24, 2022, the day the war in Ukraine began, explaining that he was on vacation with his family.

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