According to Eurostat, Romania has the biggest governmental deficit in the EUThe hike of some taxes, in the near future, is unavoidable, according to economic analyst Aurelian Dochia. His statement comes as, in the first quarter, the government's deficit has seen an increase over the last quarter of 2017, according to data by the European Statistics Office (Eurostat).
The economic analyst told us the following, on Friday: "In order to overcome this situation, there are a few solutions. On one hand, we can try and attempt to control the budget expenses, but we can't work with any of these expenses, especially since 2019 is an electoral year, and the other solution is the raising of some taxes (that measure isn't popular in an electoral year, but I think that somewhere it will be done, regardless of whether it is towards the end of 2019, or in 2020, after the elections. It is hard to believe there is another solution".
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