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Romania Urged to Consider 2% VAT Rate Rise to Curb Debt

  • Romania is facing calls to consider a 2% VAT rate rise
  • UniCredit bank warns of increase in structural public deficit
  • Increase in non-discretionary spending such as pensions and public wages
  • Rise in range of reduced rates at the start of the year

Source: vatcalc.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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