PwC: Wage Hikes And VAT Cut To Sustain Consumption In Romania Further In 2016

12.15.2015 By Ecaterina Craciun

The increase in consumer income and the lowering of the value added tax will fuel a sustained consumption growth in 2016 as well, but will stimulate imports, and Romania must carefully handle the moment of economic growth to avoid returning to pre-crisis imbalances, according to PwC.

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