EXCLUSIVE: Romania Seeks Ways To Offset Lower Revenues Due To Planned Social Security Tax Cut

06.16.2014 By Ecaterina Craciun

The Romanian Government plans to offset the negative impact on revenue collections to the state budget, calculated at 4.8 billion lei (EUR1.09 billion) for 2015, due to the planned cut in the social security tax, by raising money via checkups upon people with high wealth and external income sources.

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Keywords:
GOVERNMENT
, SOCIAL SECURITY TAX
, STATE BUDGET REVENUES