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Romania endorses package aimed to curb fiscal slippage this year
The Romanian government endorsed on September 4 the emergency ordinance that includes a series of measures aimed at curbing the fiscal deficit this year by collecting as many unpaid taxes as possible while also cutting unnecessary expenses.
iulian ernst · Journalist
· Updated · 2 min read
The Romanian government endorsed on September 4 the emergency ordinance that includes a series of measures aimed at curbing the fiscal deficit this year by collecting as many unpaid taxes as possible while also cutting unnecessary expenses.
It’s not an austerity package, prime minister Marcel Ciolacu said ahead of the government meeting. However, it is heralding a much tougher fiscal consolidation package broadly expected for next year.
