Romania: VAT on fruit, vegetables could be lowered in the second half of 2015
He explained however that the future government will decide on this "according to the concrete fiscal and budget data."
"Weird things are sometimes said during electioneering: it seems that we'll raise taxes, it seems that ... Mr. Iohannis seemed a serious man in the beginning, but he turns out as extremely fickle," Ponta said, suggesting that ACL presidential candidate Klaus Iohannis just lingers in the realm of potentiality. "The figures are very clear. We currently have a three-quarter budget surplus so we can still spend 2.2 percent of GDP, about 3 billion Euro. We have the necessary fiscal space that encompasses the reduction of the social security contribution, the cut of the VAT on bread. It thus results that no tax will go up next year. From all the hard figures we have, so not from what it seems but from cold figures, we can conclude that as of the second half of 2015 we can go further with the reduction of the VAT on fruit and vegetables and meat products," said the PM and forerunner in the presidential campaign.
Presidential candidate of the Christian Liberal Alliance (ACL) Klaus Iohannis asked Prime Minister Victor Ponta to table to Parliament, by November 15, the 2015 budget blueprint for the lawmakers to get a clear picture of how the estimated 15-bln lei budget gap resulted from the requirement to narrow the budget deficit, from the cut in the social security contribution and the enforcement of the promised increase in pensions, wages and allowances could be plugged in otherwise but by raising taxes.
Source: actmedia.eu