The Romanian government has approved fiscal measures aimed at recovering as much as possible from the debts of natural persons and legal entities to the state budget. The goal is to reduce the budget deficit, one of the highest in the European Union.
Economic growth will continue to ease in 2020 and 2021, the European Commission estimates
The Standard & Poor's (S&P) financial rating agency has reconfirmed the rating related to Romania's government debt to BBB-/A-3 for the...
For a roundup of domestic and international news, click here
Supported by the Government of Romania, the new fiscal measures remain highly unpopular among trade unions.
The government in Bucharest is considering new fiscal measures.
The Romanian Government introduces new taxes, fees and contributions for employees and employers as of January 1, 2018
The draft tax code, currently under public debate and which introduces a lot of reductions in terms of taxes and charges, has been met with mixed reactions.