Politics
UniCredit graphics anticipates the “substantial” growth of VAT after elections and reduces the economic growth forecast for Romania


Money, Power Purchase (Photo © Vlad Ispas | Dreamstime.com)
UniCredit economists have reduced the prospects for economic growth for the region of Central and Eastern Europe, following the tariffs introduced by the US. For Romania, an economic slowdown is expected above the average of the region, at the same time with an acceleration of inflation. The economists of the Italian Bank see a “substantial” increase in value added tax, as well as the prices regulated by energy. The interest will remain raised this year, according to the data analyzed by Profit.ro.
Read more on profit.ro.
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