Fiscal reform measures aimed at solving the budget deficit problem, i.e. new taxes and spending cuts discussed in the coalition, do not seem to have convinced the European Commission at all. Reports coming out of Brussels are about raising VAT to 21% or introducing a single rate of 19% for all goods, but an energy price compensation scheme could also be targeted. Economic analysts believe that these measures were the easiest to implement from a political point of view, even if they are the most uninspired.
Prime Minister Marcel Cholaku is due to travel to Brussels on Friday for crucial talks with Ursula von der Leyen, the president of the European Commission, to try to revise the budget deficit target. The president of the PSD is now in a real dead end.
Read more at fanatik.ro
The article is supported by fanatik.ro
Source: Hot News
Ashley Bailey is a talented author and journalist known for her writing on trending topics. Currently working at 247 news reel, she brings readers fresh perspectives on current issues. With her well-researched and thought-provoking articles, she captures the zeitgeist and stays ahead of the latest trends. Ashley’s writing is a must-read for anyone interested in staying up-to-date with the latest developments.