Browsing Tag

VAT cutting

Fiscal relaxation is good. But…

Anca Bernovici Jul 17, 2015 0

The fiscal relaxation is good, no one can deny it, but we must see if we can do this in the budgetary conditions that we have at the moment, Ionut Dumitru (photo), the president of Fiscal Council (FC) said, as reaction to President Klaus…

FINANCIAL

Pressure on Romania’s 2016 budget and signs of economic overheating, BCR-Erste analysts warn

Anca Bernovici Jul 3, 2015 0

VAT cutting and public expenditure specific to electoral years will put pressure on the 2016 budget, the analysts BCR-Erste Group anticipate. The government will not be able to control the structural deficit and the economy could show signs…

FINANCIAL

Coalition MPs to vote Fiscal Code on Wednesday. It includes VAT cutting to 19 pc

Anca Bernovici Jun 21, 2015 0

Prime Minister Victor Ponta announced on Facebook that Coalition MPs - PSD—UNPR—ALDE - will vote Fiscal Code on Wednesday, including reduced VAT to 19 percent, with the possibility that this quota to be applied before January 1, 2016.…

FINANCIAL

PM Ponta, Governor Isarescu – talks about IMF agreement. VAT cut, the basic topic

Anca Bernovici Apr 6, 2015 0

Prime Minister Victor Ponta and Finance Minister Eugen Teodorovici meet on Monday with the Romanian National Bank Governor Mugur Isarescu to discuss issues related to Romania's agreement with the International Monetary Fund (IMF), central…