FISCAL MEASURES
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Romanian Finance Minister Unveils Government's New Package Of Fiscal Measures
Romania's finance minister Alexandru Nazare has announced that the government has adopted a new package of fiscal measures aimed at reducing budget spending and supporting economic recovery.
UniCredit Bank Sees Romania's GDP Growth at 2.8% in 2019 Due to Fiscal Measures
Romania's economic growth could slow to 2.8% in 2019 and 1.8% in 2020, the lowest due to the negative impact of ad-hoc fiscal measures, weaker credit growth and foreign demand, Unicredit Ban...
President: Government’s Planned Fiscal Measures Will Throw the Economy into Chaos
Romanian President Klaus Iohannis said on Wednesday that the new fiscal measures announced by the Government will have serious negative effects on the economy and were not discussed with any...
Analyst: 1% Tax On Turnover To Affect Nine In Ten Firms In Romania; 112,000 Jobs Could Be Lost
90% of firms active in Romania will be affected by the planned 1% tax on turnover, a measure which brings a reduction of RON631 million in taxes paid, and could trigger the loss of 112,153 j...
AHK Romania: Planned Fiscal Changes Are Directed Against Business Environment
Changes in the fiscal policy announced in Romania’s new government program are directed against the business environment and represent a real threat to the stability and predictability of ec...
AmCham Romania Says Planned Fiscal Changes Drive Investors Away
Changes in the fiscal policy announced in the new government program generate turmoil in the business climate and severely affect the stability and confidence in the Romanian economy, which...
EY: Government May Cover Deficit Generated By Fiscal Measures From Underground Economy
The Romanian government can cover the budget deficit generated by the recent fiscal measures from the underground economy, which has plenty of resources, if authorities manage to collect suc...