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Dragoș Anastasiu, counselor in Cotroceni, warns: Romania risks reaching “Junk” if he does not quickly adopt the fiscal reform

Entrepreneur Dragoş Anastasiu, honorary counselor of President Nicușor Dan, said on Friday, June 13, about the current economic context of Romania that he is one step away from the “Junk” category by the International Rating Agencies.

Dragoș Anastasiu/PHOTO: Facebook

Dragoș Anastasiu/PHOTO: Facebook

“If we arrive in Junk, if these who finance us say” you are a little exaggerated and do not keep your word “, then things do not look good at all”, Anastasiu told Digi24.

In this regard, he stated that, according to the approved calendar with European partners, Romania must present a fiscal reform package until June 20.

Subsequently, until July 20, these measures must already be adopted by the Parliament.

A calendar that tells us so, on June 20, we must present a fiscal reform package, if not even reform, at least fiscal measures.

ANDI have to go through the Parliament on July 20, to have been through the Parliament, OK? So we have days, we don't have months or weeks, not even weeks to do what we have to do ”, Anastasiu added.

Also on Friday, the interim leader of the PNL, Ilie Bolojan, held a press conference in which he presented the negative figures of the state economy.

The Liberal emphasized the complicated situation in which Romania is located, explaining that no future government will be able to avoid tax and tax increases.

“I estimate that no government that will come will be able to avoid taxes and taxes. We must urgently decrease the state expenses, but the discounts cannot be done by one day. (…)

From the active population, almost 33%, ie about 4 million people, are not in activity. We are on the penultimate place in Europe. Due to the anticipated pensioners, half of those between 55 and 64 are not in activity, although an age at which experience and wisdom are prioritating ”, the official showed.

According to him, we have a very large budget deficit, ie the difference between the revenues we receive and expenses is the largest in Europe, as you can see on the next graph.

The budget deficit was last year at 9.3% of GDP, so it is a very high deficit that is accumulated over several years, which means a strong pressure on the contracting of loans, on the payment of interest, explains Bolojan.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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