Tofan to report on his government's first 100 days on November 5
Prime Minister Vasile Tofan will present his government's record on November 5, as the 2027 budget brings about 5.1 billion lei more.
What it means for you
From 2027, restaurants, cafes and hotels will pay 12% VAT instead of 8%. Parcels from abroad worth up to €150 will also carry VAT. Heating has risen by more than 50% this season, depending on the supplier.
What happened
Prime Minister Vasile Tofan will report on his government's work on November 5. NewsMaker's review says gas and heating prices rose, and Parliament passed the 2027 fiscal and budget policy on October 22. It raises VAT for HoReCa from 8% to 12% and adds VAT on foreign parcels under €150. The government did not comment in the review.
In short
- Parliament passed the 2027 fiscal and budget policy in second reading on October 22.
- The Ministry of Finance estimates the measures will bring the budget about 5.1 billion lei in extra revenue.
- Over 2.6 billion lei will go to energy compensation this heating season, with 550 million lei from the state budget.
- Heating has risen by more than 50%, and gas for final consumers by about 80%.
- On October 1 the premier presented a new administrative structure with three regions: North, Centre and South.
Original sources
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