Romanian PM Niculescu signals shift from tax hikes to spending cuts, pro-business agenda

Romanian PM Luca Niculescu told business leaders the government will pivot from tax increases to fiscal consolidation via spending cuts and anti-evasion measures, aiming to restart the economy and support job creators. This marks a policy shift from previous tax-heavy approach, but specifics and implementation remain unclear. The statement signals a pro-growth stance that could improve business sentiment, though fiscal credibility is untested.

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