Employer unions ask Govt not to hike taxes

Publish date: 05-05-2010
  • Bookmark & Share

Employer Confederations Alliance in Romania (ACPR) urged the Government to observe the agreement with the International Monetary Fund and not to hike taxation.

The signal lately, namely the speculations on VAT and tax increases is likely to scare Romanian and foreign investors and observers, ACPR says in its release.

The employers' alliance hopes that the meeting in Cotroceni between Romania's President and the Government will be followed by those measures set to lead to lower budget spending and to the re-launch of investments, and not to unjustifiably tax hikes. ACPR expects Romania's Government to be more open to dialogue on issues as seriously as these ones for Romania's future.

AGERPRES