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Romanian Bank Analysts Predict VAT Rate Increase in 2025 Amid Economic Uncertainty

  • Romanian bank analysts expect a VAT rate hike in 2025
  • Analysts predict 1.5% economic growth for this year and next year, with potential downside risks bringing the rate towards 1.0%
  • Some analysts anticipate an economic recession next year
  • A VAT rate hike is considered likely as consumption has supported the economy and is seen as the least harmful tax by CFA Society Romania

Source: romania-insider.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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