PSD leader Sorin Grindeanu said on Wednesday evening, 11 November, on Antena 3 CNN, that taxes will not rise in 2027. He tied the claim to a “pact” with business, meant to restore investors’ confidence that Romania is a safe country in which to put money and make a profit. It is a political position, given in an interview, not a statute and not a voted budget.

“We have to give investors their hope in Romania back,” Grindeanu said, as reported by News.ro and AGERPRES. He added that he meant, in particular, a commitment that taxes will not rise next year. Asked whether he could guarantee that, he answered that taxes will not rise.

On pensions, the PSD leader said indexation must follow the law and that “it is not negotiable”. He gave neither a date nor a percentage. Asked whether the rise would be 7 percent, he said that would be clear once the budget exists and the macroeconomic figures are in.

He also said Romania has one of the highest tax wedges on labour and that cutting it should be discussed. He repeated a proposal to drop the health contribution (CASS) for mothers, vulnerable groups, veterans and disabled war veterans.

The three points — taxes held flat, pensions indexed by law, a lower tax on labour — are how the PSD is presenting an economic restart. Grindeanu placed them in 2027 without showing a draft budget or a formula for the pension increase.

Until the macro figures he mentioned arrive, it remains open how large the indexation will be and which revenues would cover it if taxes really stay put. The statement fixes an intention of the PSD leader, not a government decision.

Image: Wikimedia Commons — Palace of the Parliament, seen from Unirii Boulevard (Ștefan Jurcă, CC BY 2.0).

Sources consulted: Sorin Grindeanu: taxes will not rise next year — News.ro; Grindeanu: taxes will not rise next year; pensions must be indexed — AGERPRES.