FILE PHOTO: Romania's interim President Ilie Bolojan walks to attend a European Union summit in Brussels, Belgium March 20, 2025. REUTERS/Yves Herman/File Photo
BUCHAREST (Reuters) -Romanian Prime Minister Ilie Bolojan's three-week old coalition government survived a no confidence vote on Monday, allowing it to push through unpopular tax hikes needed to lower the European Union's largest budget deficit.
The government has fast-tracked through parliament an increase in value-added tax, excise duties and other levies from August to prevent a ratings downgrade to below investment level and to unblock access to EU funds.
