- Romanian government considers raising VAT to 23 percent in 2026 if budget revenues do not increase
- Discussions include aligning HoReCa sector VAT with the standard rate, potentially increasing it to 21 percent
- No final decision made, but discussions may intensify based on economic performance
- Government seeks additional funds for 2026 after recent tax increases
- Budget deficit reduction required as per European Commission agreement
- Rising expenditures, especially on defense, contribute to fiscal pressure
- Public sector wages and pensions expected to remain frozen in 2026
Source: romania-insider.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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