Calin Popescu Tariceanu, leader of junior coalition partner ALDE, said an overhauling of the pension system has been postponed for next year and the split VAT system will be applied as of January 1 for companies with a bad payment track record and for insolvent companies.
Social/Politics
Romania Ruling Coalition Vies to Keep 2018 Deficit Below 3% Limit
Romania's ruling coalition plans to keep the country's budget deficit below the EU-imposed limit of 3% in 2018, a senior official said after coalition leaders met Wednesday to discuss the 2018 state budget.