Romanians scuffle with gendarmes in front of the Cotroceni Palace, the Romanian Presidential headquarters, in Bucharest on June 25 during a protest against cuts. Romania will raise the VAT tax to 24 percent from 19 percent in order to curb the public deficit and obtain a crucial IMF loan disbursement, Prime Minister Emil Boc has said. (AFP/Daniel Mihailescu)
You don’t want to make the Romanians mad.
They did not shoot enough of the communists in 1989.
Communists are like any other malignant tumor - you have to get them all, or you will arrive back at the same problem.
It will be interesting to see how this plays out.
I wonder what kind of underground economy they have in Romania?
http://www.actmedia.eu/2010/06/14/top+story/underground+economy+draws+near+50+bln+euros+/27921
5%.......that’s a BIG ouchie !
Bulgarian, Ukrainian and Moldovan smugglers thank the government heartily.
Bulgarian, Ukrainian and Moldovan smugglers thank the government heartily.
...coming soon to a foolish nation near you!