FINANCE MINISTER
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Romania's Budget Deficit at 2.2% of GDP in Jan-Oct, Finance Minister Says
Romania's consolidated budget posted a deficit of 2.2% of gross domestic product in January-October, finance minister Eugen Teodorovici said Tuesday, adding the country won't exceed the 3% d...
Finance Minister: VAT Collection To Be “Aggressively” Pursued Until The End Of 2018
Romanian Finance Minister Eugen Teodorovici said Friday that Romanian tax agency ANAF must “aggressively” pursue VAT collection to narrow the gap between collected and expected amounts, even...
Clashes Between Presidential Administration And Finance Minister On Budget Revision
Romania’s Presidential Administration announced on Tuesday that the Supreme Council for National Defense (CSAT) is still in the process of analyzing a proposed budget revision, to which the...
Proposed Finance Minister To Discuss Appropriateness Of Fiscal Overhaul
The new PSD (Social Democrat Party) government is due to be installed Monday and the biggest question is whether the transfer of the social security taxes from employer to employees remains...
Finance Minister Says Employers Will be Forced to Freeze Gross Wages
Romania's finance minister Ionuț Misa said Tuesday the government plans to “freeze” gross wages temporarily, while it transfers payments due on social security from employers to employees.
Romania To Raise Fuel Excises By RON0.32/Liter, In Two Stages, Minister Says
Excise duties on gasoline and diesel gas will be raised by RON0.16 per liter each, in two stages, as of September 15 and October 1, Romania’s Finance Minister Ionut Misa said Wednesday, at t...
Finance Minister: Romania’s GDP Growth, The Biggest In EU, Is Sustainable
Romania ranks first among the 28 European Union member states in terms of economic growth in the second quarter of 2016, followed by Slovakia, with a GDP growth of 3.7% and Spain with 3.2%,...
Investment Rate Seen Further Up By End-2017 – Finance Minister
Romanian authorities expect a growth in investment rate by the end of 2017, after a 7.5% increase last year, as it is one of the highest in the European Union, at 24.9% of GDP, Finance Minis...
Finance Minister-Designate Says Government To Keep Tax Code Measures
The government will keep all the measures in the Tax Code as well as the recent wage hikes while the 2016 budget will stipulate a budget deficit below 3% of the GDP, Finance Minister-designa...