Digi24<\/a>: \u201cIt will be very difficult. If we had taken steps since last year and done what we should have done in the first four months of the year, I think there was a good chance we would have avoided the tax increase.\u201d<\/p>\n\u201cThere will definitely be at least a tax adjustment where it is really necessary,\u201d he added, suggesting that the new administration will have limited room to maneuver given current fiscal imbalances.<\/p>\n
Romania is under pressure to submit a detailed consolidation plan to the European Commission under the Excessive Deficit Procedure. The outgoing cabinet has already proposed a package that includes VAT and dividend tax hikes. Markets have responded nervously, with bond yields rising and the leu weakening following political uncertainty after the first round of presidential elections.<\/p>\n
Anastasiu warned that failure to implement a coherent fiscal reform strategy could result in a worst-case scenario in which tax hikes are implemented simply to generate revenue without consideration for economic impact. \u201cThat would seriously damage economic growth,\u201d he said.<\/p>\n
iulian@romania-insider.com<\/em><\/p>\n(Photo source: Inquam Photos\/Octav Ganea)<\/em><\/p>","protected":false},"excerpt":{"rendered":"A tax adjustment or even a hike appears increasingly unavoidable in Romania, according to Drago\u0219 Anastasiu, advisor to acting president Ilie Bolojan. His remarks, made during a public discussion on the country\u2019s fiscal outlook, come as Romania grapples with a public deficit that exceeded 9% of GDP in 2024, and the government has delayed fiscal […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4948","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/4948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4948"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/4948\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}