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Romania's new government proposes tax hikes and spending cuts to reduce the EU's highest budget deficit.
Romania's new government plans to introduce tax hikes and spending cuts, including caps on public sector wages and pensions, to address the country's high budget deficit, which is the highest in the EU at 8.6% of GDP.
The goal is to reduce the deficit to below 3% within seven years.
These fiscal reforms aim to stabilize the economy amid political unrest and credit downgrades from major ratings agencies.
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El nuevo gobierno de Rumanía propone aumentos de impuestos y recortes de gastos para reducir el déficit presupuestario más alto de la UE.