Reuters: Romanian president slams new cabinet for planned tax overhaul

Romania's ruling Social Democrats announced a tax overhaul for 2018 on Thursday, ditching a flat 16 percent tax on income and profit that has attracted investment into the European Union's fastest-growing but least-developed economy, Reuters correspondents report. Markets reacted badly, with stocks and the leu currency falling, and centrist President Klaus Iohannis strongly criticized the ...

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