US EditionRomania Fast-Tracks Austerity Approval in Face of Resistance
13 Articles
13 Articles
Romanian government to face no-confidence vote over deficit-lowering tax hikes
BUCHAREST - Romania's two-week-old broad coalition government is set to face a no-confidence vote as it seeks to speed through planned tax hikes that have triggered street protests even though they are needed to avert a ratings downgrade to below investment grade. Read more at straitstimes.com.
While Romanian legislation accurately reflects EU environmental requirements, their implementation on the ground represents a serious challenge in many areas, including the lack of planning and coordination as well as funding...
Romania will overhaul, despite the austerity measures adopted by Parliament, but will nevertheless escape the return of the country's stock to 'junk', thanks to the UniCredit economists.
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