“We are waiting to see how the efficiency of spending and the fight against tax evasion, announced as the headline of this package, will really materialize, or we will be left with just raising taxes in the private economy,” says Radu Burnete, executive director of the Confederation of Employers Concordia, in a quick reactions to CCR decisions regarding the constitutionality of fiscal reform measures

Some sectors have gained monthly predictability, but not enough, Bernete says. The decision to introduce a turnover (more precisely, profit) tax for large companies, the consequences of which will not be long in coming, remains very problematic, as does the decision to raise the minimum wage without consultation with social partners.

“We look forward to a constructive dialogue from now on with the government coalition, as Romania’s fiscal system remains problematic and it is clear that this package does not definitively resolve the discrepancy between public spending and revenue. Many companies feel that they face further fiscal measures if the government fails to correct the spending trajectory and significantly increase revenue from the gray and black areas of the economy. We see that the economy is slowing down, on the other hand, there are some extraordinary opportunities for Romania in the coming years, which we will not be able to take advantage of unless the public and private environment really work together, through dialogue and transparency,” concludes the executive director of the Concordia Employers’ Confederation .

We remind you that the CCR decision regarding the package of tax increases (and the introduction of new ones), adopted by the Çolaku government, will lead to increased costs for the population and companies. Thus, President Klaus Iohannis is expected to unveil the fiscal package in the next period and then publish it in the Official Gazette.