Fiscal Council: New Tax Code Measures Highly Stimulate Demand, Trigger Imbalances

02.24.2015 By Gabriela Stan

Romania would rather need fiscal relaxation measures in terms of supply, by cutting social security tax, instead of measures to stimulate demand by cutting VAT and excise duties, which will trigger imbalances in the economy, Ionut Dumitru, head of the Fiscal Council, stated Tuesday.

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