PM wants to cut VAT by 9 pct for bioproducts after discussing it with the IMF

We are considering cutting the VAT for bioproducts down to 9 percent, the same as we did it for bread, but not before discussing the matter with the international financial institutions, Prime Minister Victor Ponta, the co-President of the Social Liberal Union (USL, ruling alliance) stated on Friday.'We want to cut it [the VAT, editor's note] down to 9 percent, the same as we did it for bread, but only after we have the chance to discuss this matter next year with ...

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