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Tag Archives: business environment

FinMin announces fiscal measures for the business environment this month, including tax amnesty

The Government will present a package of fiscal measures for the business environment that will also include tax amnesty, Finance Minister Eugen Teodorovici announced in Hunedoara on Saturday. “The premier and all in the Government will present a package for ...

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FIC Business Sentiment Index (March 2019) – Clouds are gathering

The most recent results of the Foreign Investors Council’s (FIC) Business Sentiment Index raise some important worries and leave open a big question mark which can be answered with the next survey in the second half of 2019. For several ...

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Polish financial blogger moves to Romania

The creator of a financial blog in Poland, Szymon Ziemba, moved to Romania and launched a dedicated blog for Romanians, in order to offer his experience to Romanians eager to improve their living conditions. The blog, called Rechin Financiar, is providing ...

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Fin Min Teodorovici says ‘tax on greed’ will turn into ‘incentive for diligence’. Fiscal amnesty likely in April

Finance Minister Eugen Teodorovici has told TVR 1 public broadcaster Tuesday evening that Emergency Ordinance 114 will be amended and that the ‘tax on greed’ will turn into an ‘incentive for diligence’, whereby the banks should finance real economy. Teodorovici ...

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OMV Petrom: Romanian legal environment does not provide the necessary premises for an investment decision in the Black Sea

The current legislative environment in Romania does not provide the necessary premises for an investment decision in the Black Sea, in the context in which a number of tax and regulatory initiatives have been discussed and/or implemented in recent months, ...

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AmCham Romania warns: Counterproductive measures adopted without impact assessments and lacking transparency reach alarming level

AmCham Romania has sent in a press release today a “warning signal regarding the accelerated decrease in the quality of public policy, law-making and governance in Romania.” “We are confronted with concomitant changes through emergency ordinances, of legislation governing multiple ...

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Coalition for Romania’s Development sends new letter to PM, slams “damaging consequences” of GEO 114

The Coalition for Romania’s Development (CDR), representative for the business environment, has sent a new letter to Prime Minister Viorica Dancila, warning that the emergency ordinance no 114/2018 is to negatively impact the business environment and the economy in Romania. ...

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US Under Secretary of State for Political Affairs David Hale delivers message: Give up the amnesty and pardon

On the same day when Romania has taken over the presidency of the Council of the European Union, on Thursday, the United States has sent a message about the discussions regarding amnesty and pardon, as well as regarding the so-called ...

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