See every side of every news story
Published loading...Updated

Increasing Vat for Books Could Lead to the Disappearance of Books. Romania Is Already the Eu Country Where It Reads at Least.

Summary by Adevarul
The austerity measures which entered into force on Friday in Romania, imposed by the Government to reduce excessive budgetary deficit, the EU's largest, including the increase in VAT in books from 5% to 11%, a decision considered by dramatic experts.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

8 Articles

The austerity measures which entered into force on Friday in Romania, imposed by the Government to reduce excessive budgetary deficit, the EU's largest, including the increase in VAT in books from 5% to 11%, a decision considered by dramatic experts.

·Romania
Read Full Article

The austerity measures which entered into force on Friday in Romania, imposed by the government to reduce excessive budgetary deficit, the EU's largest, including the increase in VAT in books from 5% to 11%, a decision...

Read Full Article

The austerity measures which entered into force on Friday in Romania, imposed by the government to reduce excessive budgetary deficit, the EU's largest, including the increase in VAT in books from 5% to 11%.

·Bucharest, Romania
Read Full Article

Former Prime Minister Florin Citou: The increase in VAT is one of the worst forms of tax adjustment Florin Citu: The increase in VAT is one of the worst forms of tax adjustment "The rise of taxes in a fragile economy is not a technical solution, but a political decision with predictable economic effects: prolonged stagnation, discouraged capital and mistrust. Instead of generate fiscal consolidation, higher taxes reduces domestic demand, inhibit…

Measures from the first austerity package enter into force today – VAT and excise duties on fuel and alcohol increase. Payment of health insurance contribution for pensions over 3,000 lei is established – Ziar de Cluj //

Larger VAT, new taxes and extensive contributions. Currently, a series of radical tax measures are in force, part of the Austerity Package taken by the Bolojan Government in Parliament. The changes have immediately affected consumers, companies and pensioners, with regard to VAT increases, taxes and social contributions. Among the most important changes are [...]

·Romania
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

stiriest.ro broke the news in on Friday, August 1, 2025.
Sources are mostly out of (0)