Unicredit Quarterly Report: Increasing Likelihood Of Tax Hikes In 2025
Monday, April 15, 2024
In its macroeconomic quarterly report, Unicredit expect the Romanian economy to grow by 2.7% in 2024 and by 1.9% in 2025, with the government tightening fiscal policy only after this year’s elections. “Domestic demand will drive growth this year, with exports likely to play a more important role in 2025. We expect inflation to miss the target in 2024-25, with the NBR cutting rates to 6% in 2024 and 4.5% in 2025, even if taxes are ...