Economy under pressure: Bolojan government proposes biggest tax hikes in a decade

*Bank turnover tax to rise from 2% to 4% *Standard VAT rate to rise to 21% *Wine and cider to be excised for the first time *Pensions exceeding 3,000 lei to be taxed at 10% for CASS *Fuel excise duties to be increased in two steps

Jul 4, 2025 - 00:30
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Economy under pressure: Bolojan government proposes biggest tax hikes in a decade
*Bank turnover tax to rise from 2% to 4% *Standard VAT rate to rise to 21% *Wine and cider to be excised for the first time *Pensions exceeding 3,000 lei to be taxed at 10% for CASS *Fuel excise duties to be increased in two steps

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