state budget

More than three quarters of the companies included in a survey conducted by the National Council of Private Small and Medium-sized Enterprises in Romania (CNIPMMR) believe that an increase of the minimum wage as of January 1, 2016 will…

The draft law that allows a person who borrowed from the bank and can not pay the debt, to pass the mortgaged property into bank’s ownership, was adopted on Wednesday by the Chamber of Deputies, which is the decisional chamber of…

Romania has the potential to become an important European film producer if it puts into practice on a national level state aid schemes for the movie industry similar to those applied in other EU member states in Central and Eastern Europe,…

The Finance Ministry starts on Tuesday the talks with the International Monetary Fund (IMF) delegation on the 2016 state budget, Finance Minister Eugen Teodorovici has said. “Today (on Tuesday) the IMF mission starts talks. We’ll discuss…

Companies that had on September 30 debts to the state budget will be exempt from penalties for late payment if they pay by March 31, 2016 their main obligations of payment, and until June 30 the interests, a draft emergency ordinance of the…

Cigarette smuggling increased in July by 1.2 percentage points to 15.3% of the total market, according to latest data released by Novel Research. One percentage point of smuggling represents losses to the state budget of about EUR 35…

The list of companies registering debts to the state budget includes 18 state companies, with amounts of over RON 2.2 billion, i.e. 40% of the largest tax-payers debts to the state budget, to the pensions’ fund, to social security fund and…

The package of laws on public procurement, on state employees’ salaries and the 2016 budget are priorities for the Government, for which Prime Minister Victor Ponta asked on Monday for the coalition parties’ parliamentary support, summoned…

The Social Democrat interim president Liviu Dragnea said at the end of the parliamentary parties’ meeting on the Tax Code that the VAT cut in steps was agreed as before during the previous technical discussion last week. So, VAT will…

The general consolidated budget execution during the first seven months of 2015 has concluded with a surplus of RON 7.4 billion, namely 1.06% of GDP, against a deficit of RON 1.01 billion, namely 0.15% of GDP registered against the same…