Romanian banks oppose planned tax on "excessive profits"

The Romanian Banking Employers' Council (CPBR) expressed strong opposition on June 25 to a proposed new tax on so-called "excessive profits" in the banking sector, which was included in the government's 2025–2028 Ruling Programme. The association warned that the measure could generate adverse economic and social consequences despite offering the illusion of short-term fiscal relief.

"We do not agree with the intention of introducing a new tax on the banking sector and express our availability for real and applied consultations with the authorities so as to contribute with viable and reasoned solutions to the recovery of Romania's budgetary situation," CPBR stated in an official press release quoted by Economedia.ro.