Why burnete Is Trending Today?

Burnet Institute Secures $20M for COVID-19 Vaccine Research; Launches Clinical Trial in Australia.

Radu Burnete, a presidential advisor, stated that only 64% of Romania's working-age population is employed, with the private sector solely supporting the public budget. He believes that cash will not be banned despite fiscal evasion, as a significant portion of evasion occurs through cash transactions. Burnete also mentioned that many Romanian localities cannot sustain themselves through taxes and fees, suggesting consolidation as a solution. He warned that, at the current deficit rate, Romania may soon spend 4-5% of its GDP on interest, potentially leading to larger and faster budget cuts if the country can no longer borrow.