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Nicușor Dan Promulgated the Vat Increase: Package 2, Will Be Adopted in Parliament at the Beginning of August
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Romania's President, Nicoşor Dan, has announced the first package of austerity measures. The package provides for and measures to reduce public spending, such as the freezing of wages and pensions in the public sector since the beginning of 2026. Nicoşor Dan highlighted the difficulty of the measures and political tensions generated. Romania's President, Nicoşor Dan, announced on Friday, 25 July 2025, the law regulating the first package of aust…
President Nicushor Dan signed yesterday, the decree to promulgate the Tax-Budget Act, announced the Presidential Administration. Following publication in the Official Bill Monitor, the provisions will enter into force.
Thus, measures such as the increase in VAT rates and the increase in fuel, alcohol and tobacco prices will enter into force from 1 August.
President Nicushor Dan announced yesterday in Austria that he announced the first package of austerity measures adopted by the Government by taking the lead in Parliament early in July. "It's just...
President Nicușor Dan announced from Austria, where he is visiting, that he has promulgated the first package of fiscal and deficit reduction measures, which also contains the VAT increase.
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