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european union

EC criticizes for achieving excellent results in the economy

The European Commission (EC) has just acknowledged that achieving the most desirable state in international trade relations, ie. High surplus in foreign trade (exports exceed imports), it is not a good thing. The Commission sent a special criticism in the direction
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Romania reduced rates of VAT and other taxes

It is worth to notice that Romania – despite the opposition of the International Monetary Fund and the European Commission – decided to take a chance and significantly reduced the rate of VAT and other taxes for small businesses. The effects