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26 aprilie, 2024

government

The Government approved in the last meeting a memorandum stating that the state will use its preemption right at Mangalia Shipyard and buy the 51% stake owned by Daewoo. The Government’s decision blocked the intention of Dutch Damen...
15 ianuarie, 2018
Minister of National Defence, Mihai Fifor, participates Friday at the signing of the procurement contract for 227 Piranha V armoured carriers, a release of the ministry announces. On November 29, 2017, the Romanian Government adopted the decision that...
15 ianuarie, 2018
The PSD-ALDE coalition’s amendments to the application of the corporate governance rules in the state-owned companies were approved by 157 votes in favour, 71 against and 4 abstentions on Wednesday, in the plenary of the Chamber of Deputies,...
27 decembrie, 2017
Last week, the Ministry of Economy has launched to a public debate a draft government decision to establish the company Casa de Comert, which, according to the explanatory memoranda attached, aims at recovering the economic losses „caused by...
27 decembrie, 2017
The Government has established the new regulations on the public-private partnership (PPP) by an emergency ordinance issued Thursday and introduced the Value for Money concept, the implementation of which should optimize the contribution and costs of the contracting...
18 decembrie, 2017
The intentional non-payment of taxes and contributions due to the budget, subject to the withholding regime, will be considered a tax evasion, according to a draft emergency ordinance that is under the public debate on the website of...
11 decembrie, 2017
The second budget amendment this year has been adopted at the government meeting on Wednesday. As the Finance Minister assures, this amendment is „positive”, the same as the first one, and followed the objective of “maintaining within the...
20 noiembrie, 2017
Mayors accepted on Tuesday in the negotiations with Prime Minister Mihai Tudose and several cabinet members, the promises made by the government officials to partially cover the losses caused by the income tax cut. The PSD-ALDE coalition has...
12 noiembrie, 2017
The Economic and Social Council, a consultative body of the Parliament and the Romanian Government, issued a negative opinion on Tudose cabinet’s draft amendment to the Tax Code, including the proposal to transfer social contributions from the employer...
6 noiembrie, 2017
Regarding the EUROSTAT release on Romania’s budget deficit in the second quarter of 2017, the Ministry of Public Finance (MFP) has issued a press release explaining the European figures and assuring that the annual deficit is in line...
30 octombrie, 2017
When it comes to the „VAT gap”, the Romanian Government and the European Commission have different views on the elements contributing to this indicator. Even different definitions. The difference between the Government’s approach and the Commission’s approach sets...
16 octombrie, 2017
Photo caption: Prime Minister Mihai Tudose publicly supports split VAT but the company in which he has declared interests does not support Mihai Tudose In the democracy, the power of example is a way often used by state...
16 octombrie, 2017
  Romania has positioned itself in the EU as the country with the lowest public revenues as a share of GDP and we shall record in 2017 a new negative record in this respect, with only 30.5% of...
25 septembrie, 2017
The consolidated general budget recorded a deficit of ROL 5.14 billion at the end of the first seven months of 2017, equivalent to 0.63% of the GDP estimated for the current year. The result is well below the...
11 septembrie, 2017
The Government is trying to speed up the implementation of the offshore oil operations. There is a bill at SGG that assures companies having oil and gas concessions in the Black Sea that they will have the same...
11 septembrie, 2017
Tudose government amended on Wednesday the Tax Code by three government ordinances: the change with the greatest impact on the business environment was the decision on the VAT split payment, mandatory as of 1 January 2018. The draft...
4 septembrie, 2017
After a period when all major business organizations – Romanian and foreign – have rejected the tax experiments especially those proposed by the Mihai Tudose government, AOAR moves further „from the reactive attitude in recent months to a...
17 iulie, 2017
Prime Minister Mihai Tudose moved the Danube Delta from the responsibility of the Ministry of Environment to the General Secretariat of the Government (SGG). The transfer of authority over the Danube Delta has been formalised at the very...
10 iulie, 2017
The consolidated general budget ended the first five months of 2017 with a deficit of -0.27% of the estimated GDP for the current year, according to data released by the Ministry of Finance. The balance of government finances...
3 iulie, 2017
The Parliament approved on Wednesday the new unitary pay law, but the evolution of the bill from initiation and communication stages to the final vote is not reassuring at all for the taxpayer. The proof stays not only...
12 iunie, 2017

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