Romania’s government to hike taxes on fuel, cigarettes to bring down budget deficit

Romania’s finance ministry says it will hike taxes on fuel and other goods in a bid to narrow a burgeoning budget deficit. The move is expected to lead to higher inflation, which rose to 3.8% in November, one of the highest rates in the European Union. Romania’s budget deficit will be about 4.4% this year, … Continuă lectura Romania’s government to hike taxes on fuel, cigarettes to bring down budget deficit