Romania’s Parliament Adopts Popular Law by Mistake

A bill concerning the lowering of the VAT for food to 5 percent, from 24, and another one, that exempts from income taxing all pensions below 2000 Romanian Lei (600 US Dollars) was passed on Wednesday by mistake. And that, coincidentally, on the first day of negotiations with the IMF representatives in Bucharest, regarding a decrease in taxes.

The MPs voted, with an overwhelming majority, in favour of both bills, only to admit, minutes later, that they had no idea what they were actually voting for. But now, there is no way back. The newly voted laws must go to the President for the final approval. Traian Băsescu, Romania’s President, has now two choices: either to sign the bills into law or to send them back to Parliament, for review.

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