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PM advisor Socol: Food VAT cut contributes to economic growth potential from 3 to 4 pct in 2015

June 1, 2015

The food VAT cut will contribute to an increase of the purchase power and of the economic growth’s potential, from 3 percent to 4 percent in 2015, by boosting consumption and investments, the Prime minister’s advisor on macro-economic matters, Cristian Socol says. “Beneficiaries will be firstly the people with low incomes and the middle-class whose [...]

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