Interim President Ilie Bolojan: "If immediate measures are not taken to reduce the budget deficit, it is possible that we will end up with tax increases again.''

Ilie Bolojan pointed out that Romania has been spending more than it can afford, accumulating large loans that will lead to higher interest rates. He proposes cutting operating expenditure and combating tax evasion as priority solutions, avoiding increasing the tax burden. Bolojan believes that a sustained effort over the next year or two is needed to correct budget deficits and revive the economy, noting that interventions are also needed in state-owned companies.