The President of Romania, Nicușor Dan, admitted that the tax packages proposed by the government led by Ilie Bolojan may have certain errors, but he maintains that these will be corrected starting on January 1, 2027.
He stated, in Chișinău, that the end of 2025 and the year 2026 will be difficult years for Romanians.
“On certain matters, I may have certain opinions. It is a moment from which we need to move away, because otherwise economically for everyone it will be much more difficult and of course when you take measures under time pressure, you also make mistakes.
We will correct these potential mistakes starting in January 2027. We still have 2025, four months left of 2025, and 2026 which will be difficult years for Romanians,” stated the head of state.
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However, he argues that the good news for the Romanian economy has come from international rating agencies.
“The good news is that in July, Fitch maintained our BBB- rating, in August Standard & Poors maintained our BBB- rating with a negative outlook, but kept us at the level we were before we saw the fiscal dimension. That is the good news. Moody's will follow in September. I hope we also remain at BBB-. That is a good grade for the Government,” emphasized the president.
Referring to the risk of Bolojan's government falling, the president said: “When all pro-Western parties are in power, you don't have much reserve left and then everyone's responsibility is for this government to last as long as possible.”
The governing coalition met on Sunday to try to reach an agreement on the reform of local public administration, the only project from Reform Package 2 that has not been agreed upon so far. If political leaders reach an agreement, the Government is expected to adopt the project today in a new session and send it to Parliament.