In discussions regarding formation of government we see proposals for tax cuts, spending increases;signal is extremely negative (economist)
Raiffeisen Bank
The proposals related to tax cuts or spending increases that we see these days in the discussions related to the formation of the Government are an extremely negative signal, and the biggest mistake at the moment would be to take steps back in terms of fiscal consolidation, that is, to think about fiscal relaxations, Raiffeisen Bank 's chief economist, Ionut Dumitru, said on Thursday, according to Agerpres. "Romania needs to undertake fiscal adjustment because we started with a massive budget
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