LAW
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Law On Debt Discharge Comes Into Force
The law on debt discharge came into force on Friday, 15 days after it was signed into law by Romanian President Klaus Iohannis and published in the Official Gazette.
Romanian President Promulgates Law On Exchange Of Financial Account Information
Romanian President Klaus Iohannis on Friday signed the decree for promulgating the law on ratifying the Multilateral Competent Authority Agreement for automatic exchange of financial account...
Romania Must Import Skilled Foreigners To Fill Vacant Positions
Romania must become a magnet for skilled foreigners who want to work on non-management positions for local companies, says Varujan Pambuccian, a member of the IT&C committee of the Chamber o...
Lhotte: BRD Agrees With Law On Debt Discharge For Future Contracts
Romanian second largest lender BRD-Groupe Societe Generale (BRD.RO) agrees with the law on giving in payment that would only target future contracts, without applying retroactively, and only...
Romanian President Signs State Budget, Social Insurance Bills Into Laws
Romanian President Klaus Iohannis on Friday signed off the state budget and social insurance bills into laws, according to the presidential administration.
Olteanu, BNR: Banks Should Find Solutions Together With Clients To Avoid Law On Giving In Payment
Banks should find solutions together with their clients who face loan payment issues, not only on a declarative level, as their rigidity triggered a legislative intervention through the draf...
President Promulgates Law On Fiscal Receipts, Tax On Tips Scrapped
Romanian president Klaus Iohannis has promulgated the law on passing the ordinance which regulates the issuing of fiscal receipts for all goods and services, without the provisions regarding...
SMEs Minister Says 600,000 Economic Operators Will Benefit From Simplified Bookkeeping Rules
Around 600,000 economic operators will benefit from simplified bookkeeping regulations starting January 2015, under amendments to Romanian accounting laws, SMEs Minister Florin Jianu said Th...
President Signs Tax Amnesty Bill Into Law
Romanian President Traian Basescu signed Tuesday into law a bill that exempts pensioners and parents on parental leave who received higher state allowances from paying that extra money back.