Finance Minister says he would like to see social contributions cut - financiare.ro
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News » January, 2011 » 11 January 2011

Finance Minister says he would like to see social contributions cut
11.01.2011, 00:15 | Finance-Banks | 549 views



In his first press conference after more than four months in office, Finance Minister Gheorghe Ialomiţianu announced he wanted Romania's financial situation midway through this year to allow for social contributions to be cut, with a VAT change being out of the question.

"I would like it if midway through this year, Romania's financial situation would allow for social contributions to be cut, considering the high labour cost. We have to examine the possibility of making these cuts.
I would like this to happen firstly for the employers, in order to bring the informal sector to light and have more people hired."

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