Romania will struggle to absorb growth above 4 pct: central bank

August 18, 2015 8:53 AM

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BUCHAREST Aug 18 Romania will struggle to absorb growth above 4 percent and a government tax cutting plan will fuel consumption and threaten the country's economic stability, Central Bank Governor Mugur Isarescu said in a magazine interview published on Tuesday.

Parliament meets next week to vote on a plan to cut taxes in 2016, championed by the government in a bid to boost economic growth but opposed by the International Monetary Fund, European Commission, central bank and the fiscal watchdog.

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