Romania’s independent presidential candidate Nicușor Dan prioritises spending cuts over tax hikes in deficit reduction plan

Independent presidential candidate Nicușor Dan, the current mayor of Bucharest, has stated that Romania’s fiscal consolidation must focus primarily on reducing public expenditure rather than increasing the tax burden, though he did not rule out future tax hikes if necessary.

His remarks came during an economic debate broadcast on RomaniaTV, where the country’s growing budget deficit was a key topic, according to Economica.net.