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Tag Archives: tax on greed

Gov’t approves fiscal amendments, gas and energy price capping, ‘tax on greed’ by emergency ordinance

The Government adopted Friday evening the emergency ordinance on tax amendments. Finance Minister Eugen Teodorovici and Darius Vâlcov, adviser of Prime Minister Viorica Dăncilă, presented the main provisions of the normative act. “A first decision is the proposal to set ...

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BNR warning: The impact of the ‘tax on greed’ can be significant

National Bank of Romania (BNR) spokesman Dan Suciu says the impact of the “tax on greed” on credit can be significant if it is approved in the proposed formula. “We do not have yet an assessment of the impact of ...

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Liviu Dragnea lashes at companies which ‘blackmail the Romanian state’

PSD chairman Liviu Dragnea has warned the representatives of large companies to stop ‘blackmailing the Romanian state’, following the information related to the Government emergency ordinance that will introduce new fiscal measures. “I’ve seen, I’ve read reactions from some or ...

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Update2: Gov’t said to approve GEO on taxes on Friday, negative opinion from Economic and Social Council

The emergency ordinance introducing new taxes will be discussed in an extraordinary Government sitting on Friday, until then the text is subject to amendments by the Finance Ministry, digi24.ro reports. Initially, sources said the ordinance was to be approved during ...

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Austrian banks Erste Bank and Raiffeisen Bank International hit on European markets by Romania’s tax plan

Shares in Austria’s Erste Bank and Raiffeisen Bank International decreased on Wednesday after the Romanian Government has announced plans to tax the banking assets as of 2019. Erste Bank, which gets 8.4 percent of its revenues from Romania’s biggest bank ...

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