GOVERNMENT
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Romania To Overcharge Local Gas Producers By 60%
The Romanian Government will enforce additional taxes on companies that extract and sell natural gas on the local market, including the Black Sea perimeter, according to an emergency ordinan...
Minimum Wage Raised To RON800 In 2013 In Two Stages - Sources
Romania will raise the gross minimum wage from 700 lei (EUR161) to RON800 this year in two stages, people close to the matter told Mediafax Monday.
Romania Expects Revenue Of EUR127M From New Tax On Gas, Energy Transport
Natural gas and energy transport companies in Romania will pay a “monopoly” tax applicable in the February 2013-December 2014 interval, according to a draft Government emergency ordinance.
Romania To Apply Special Tax On Natural Resources To Increase Budget Revenue
Companies that exploit and extract natural resources other than natural gas in Romania will pay a special tax of 0.5% of their revenue, which will be applicable between February 2013 and Dec...
Romania’s New Environmental Tax To Consider Air Pollution Emissions In Full
Romania’s Environment Minister Rovana Plumb proposed in the Government’s Wednesday meeting that the new environmental tax should be applied only to vehicles seating up to eight passengers an...
Government Assigns 60 Tons Diesel Fuel From State Reserves
The Romanian Government approved in Wednesday session to allot an emergency aid from the state reserve consisting of 60 tons of diesel fuel to the population in the eastern counties of Botos...
Romania’s Wage Costs In 2013 To Exceed Initial Target, Hit 7.3% Of GDP
Romania’s staff expenses this year will exceed the initial target of 7.1% of the gross domestic product to reach 7.3% of the GDP, and will be reduced gradually by 2016 to 6.8% of the GDP, ac...
Romania's 2013 Consolidated Budget: Revenue Seen At EUR46B, Expenses At EUR49B
Romania’s draft state budget for 2013 takes into account a gross domestic product of about EUR140 billion and an exchange rate of 4.5 lei to the euro.
Romania To Rethink Revenue Collection System, Amend Tax Code
Romania’s Fiscal Guard, Fiscal Inspection, the customs authority and the anti-fraud body will be reorganized into a single structure which will carry out company checkups regularly, Finance...