www.mediafax.ro/politic/basescu-il-critica-pe-bolo

Former Romanian President Traian Băsescu criticized the fiscal policy of ex-PM Ilie Bolojan, claiming tax increases hindered economic growth and did not significantly boost budget revenues. He emphasized that reducing public spending is essential for addressing the budget deficit and warned against further tax hikes. Băsescu argued that previous experiences showed that budget deficits were managed through spending cuts rather than tax increases. He pointed out that recent tax hikes led to inflation and decreased foreign investments, urging the government to focus on reducing public sector expenses instead of considering new tax increases.