Fiscal solution reached is balanced, says BNR Governor Mugur Isarescu -
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News » November, 2013 » 9 November 2013

Fiscal solution reached is balanced, says BNR Governor Mugur Isarescu
09.11.2013, 09:05 | Finance-Banks | 787 views

The solution concerning the fiscal measures reached is a balanced one from the dosage point of view, National Bank of Romania (BNR) Governor Mugur Isarescu said on Thursday.

‘In taxation, too, dosage is important. The dosage among various measures, as well as a certain dosage between cutting expenses or not accepting expense increases and increasing taxes, and this thing is to be discussed, I believe dosage, if you ask me as economist, is more important than the measures as such. Compared with other alternatives, and you can discuss these with those of Finance, because they had several alternatives there, compared with other alternatives I have also heard, I do not find the dosage reached as being the worst dosage. There are not easy decisions, though. This is what you need to understand,’ Isarescu said when asked if the taxation-related measures were to negatively affect economy.


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