- Political Agreement: Romanian President Nicușor Dan and National Liberal Party leader Ilie Bolojan reached a compromise to resolve a political crisis, allowing Bolojan to be appointed prime minister and form a government with support from PSD, PNL, USR, and UDMR.
- VAT Rate Adjustments: Instead of raising the general VAT rate from 19% to 21%, the agreement proposes increasing the reduced VAT rates from 5% to 11% and from 9% to 11%, while maintaining a 19% rate for restaurants and real estate.
- Commitment to Campaign Promises: Nicușor Dan’s refusal to increase the general VAT rate aligns with his electoral campaign commitments, aiming to avoid a VAT hike while adjusting reduced rates to address budgetary needs.
Source Profit.ro
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