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Tag Archives: geo 114

Liberals to file simple motion against FinMin asking for the GEO 114 repeal. PM Dancila in Parliament: “Is anyone bothered that we are reasoning in Romanian?”

Liberals will file a simple motion against Finance minister Eugen Teodorovici to the Chamber of Deputies, asking him to repeal the fiscal emergency ordinance 114/2018, the so called tax on greed ordinance, regarding the tax on financial assets. „Together with ...

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Backpedaling on GEO 114? Fin Min: the ordinance will have to be discussed in the ruling coalition. Tariceanu: The 2 pc tax on energy companies’ turnover- excessive

Romanian Finance minister, Euegn Teodorovici has stated on Wednesday evening that the energeny ordinance no 114 will be decided only after a debate in the ruling coalition, and after that in the Government. „Amending GEO 114 is a topic that ...

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European Commission maintains 3.8% forecast growth for Romanian economy in 2019. GEO 114 – potential negative costs

In its winter forecast, the European Commission maintains estimates that Romanian economy will grow by 3.8% in 2019, the same as released last year in the autumn forecast. The anticipation for growth in 2020 remains 3.6%, a release posted on ...

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Isărescu-Teodorovici meeting – two-week truce

After about two and a half hours of heated talks, the meeting of the National Committee for Macro-prudential Supervision (CNSM), attended by BNR Governor Mugur Isarescu and Finance Minister Eugen Teodorovici, has concluded with the signing of a two-week truce, ...

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Start of the Parliamentary session: Main priority – the state budget for 2019. Simple motions announced by the opposition

The Parliamentary session starts on Monday, with the Senate being already summoned by Speaker Calin Popescu Tariceanu. The main priority is the adoption of the state budget for 2019, whereas the opposition has announced it will challenge the budget to ...

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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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Telecom operators Orange, Telekom and Vodafone slam the Government

The Romanian subsidiaries of three telecom giants, Orange, Telekom and Vodafone Romania have asked the Government on Tuesday to abolish the provisions of the GEO 114 on electronic communications, arguing the draft is discouraging the hi-tech evolution of the mobile ...

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