- The European Commission officials have reservations about the proposed measures by the Romanian government to balance the budget and suggested increasing VAT by two points and raising the tax on dividends.
- They also called for stronger measures to reduce state spending. The Minister of Finance, Marcel Boloș, admitted a deficit of 5.5% in Brussels, which is higher than the target in the budget law.
- The meeting between the Prime Minister and the head of the Commission on Friday becomes decisive in light of the differences of opinion between the Minister of Finance and the European Commission officials.
Source Profit.ro
Latest Posts in "Romania"
- New ECJ VAT Case T-680/25 (Mercedes Benz) – No details known yet
- Romania Increases Reduced VAT Rate on Agricultural Products and Services to 11%
- Romania Delays E-Invoice Requirement for Farmers and Cultural Institutes Until June 2026
- ANAF Implements New Procedure for Reporting Late e-Invoice Submissions by Suppliers
- Romania Launches SAF-T Pilot Program to Enhance VAT Compliance Through Digital Controls
