ECOFIN
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Companies
PwC: Romania Could Be Second EU Country To Apply Generalized VAT Reverse Charge Mechanism
European Union Member States ”particularly affected by VAT fraud” will implement until June 30, 2022, under highly strict technical conditions, the generalised VAT reverse charge mechanism for domestic transactions, as per a decision of the Economic and Financ...
Macroeconomics
EC Vice-President: Romania Meets Conditions For Excessive Deficit Procedure Repeal
Romania meets conditions for repealing the excessive deficit procedure, with the budget deficit sliding below 3% of the gross domestic product in 2012 and likely to stay below that ceiling i...