SOCIAL SECURITIES
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Macroeconomics
Fiscal Council: Social Security Tax Cut Difficult If Collections Stay Low
Romanian government’s planned five percentage-point reduction of the social securities tax will be difficult to achieve considering the low level of tax collections to the state budget, the president of the country’s Fiscal Council said Friday.
Banks-Insurance
UniCredit: Weak Revenue Collections Hinder Social Security Tax Cut
Romania’s weak revenue collections in the first months of the year will likely limit the scope for a reduction of the social security contributions, even though the fiscal measure would incr...