Romania PM Says 2011 State Budget Won’t Consider Tax-Lowering Bills

Romanian Prime Minister Emil Boc said Monday the 2011 state budget won’t consider the two recently adopted bills lowering VAT on food and exempting small pensions from income tax because they would significantly widen the deficit."We're waiting for President Traian Basescu decision to sign or not to sign the bills into laws and then the Government will find solutions to stay within the 2011 budget limits," Boc said on public radio.The Parliament's lower chamber recently passed two draft ...

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