Romania

In a bold bid to rein in its surging budget deficit, Romania’s new centre‐right government has unveiled a sweeping fiscal…

Romania has announced a significant fiscal policy adjustment concerning its value-added tax (VAT) regime, aiming to boost state revenues while…

In a significant shift in the taxation of special constructions, the Romanian government has introduced Government Emergency Ordinance (GEO) no.…

BUCHAREST – Romania is urging the European Commission (EC) to grant a temporary suspension of CO₂ certificate obligations on electricity…

On January 31, 2025, the Romanian government enacted Ordinance No. 3/2025, which amended Article 46² of Law No. 227/2015, impacting…