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Tag Archives: teodorovici

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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Last attempt: Coalition for Romania’s Development sends letter to PM Dancila, asks her not to sign ordinance on fiscal changes

The Coalition for Romania’s Development (CDR), representative for the business environment, have sent a letter to Prime Minister Viorica Dancila, a last attempt to stop the adoption of an emergency ordinance on fiscal amendments, recently announced by Finance Minister Eugen ...

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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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Romania to reach 80 per cent absorption rate of EU funds next year, minister says

EU funds’ absorption rate must be above any political agenda and correlated with public investments, said a KPMG official.  According to the EU funds’ minister Eugen Teodorovici, Romania will end next year the financial scheme for the 2007-2013 period with ...

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