Businesspeople say the decision to cut wages, pensions andunemployment benefits announced by President Traian Basescu is agood idea. Businessman Dan Sucu, controlling Mobexpert, says thedecision of not hiking the flat tax and VAT is good news. Whatimpact will it have over the economy? "Changes at the budgetarylevel have a more limited impact in the real economy. VAT and flattax hikes would have dramatically hurt the economy (...)," CrinuAndanut, general manager of Allianz-Tiriac Pensii Private, told ZF.Cristian Fugaciu, general manager of Marsh insurance brokerage,says: "It's better for some and worse for others. (...) A rise inVAT and flat tax would have had an impact over the entirepopulation". A VAT hike would have made all products moreexpensive. As a result of the recently announced austeritymeasures, retailers expect consumption to shift to cheaperproducts, a trend that was also visible in 2009. "(...)These movesare sure to lead to a consumption decline, but lower than in thecase of a flat tax and particularly VAT increase," stated AlexandruVlad, CEO with Selgros Cash & Carry Romania.
Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels
