PONTA
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Romania Might Cut VAT On Bread In 2013
Romania’s Government wants to apply a pilot-project to lower VAT on bread from 24% to 9% in 2013, Prime Minister Victor Ponta said Monday.
Government Approves Ordinance Allowing Local Authorities To Hike Taxes
The Romanian Government Wednesday approved the ordinance stating local authorities may decide whether or not to increase local taxes in 2013.
Ponta: Parliament To Meet In Extraordinary Session Starting January 21 To Adopt 2013 Budget
Romania’s Parliament will convene an extraordinary session on January 21 to approve the draft state budget for 2013 and other bills that must be adopted with urgency, Prime Minister Victor P...
Ponta Reacts To "Huge" Statistics Mistake With Impact On 2013 Budget
Romania’s national statistics institute INS considerably revised data on 2011 gross domestic product, affecting estimations for the GDP in 2012 and 2013 and other major indicators linked to...
Ponta Wants To Raise Minimum Wage To RON800 In 2013
Romanian Prime Minister Victor Ponta said Thursday he will propose raising the gross minimum wage to 800 lei (EUR181) this year from RON700.
Ponta: Romania Unlikely To Introduce Differentiated Tax Rates In 2013
Prime Minister Victor Ponta on Tuesday said Romania is unlikely to apply differentiated tax rates on income in 2013, but the principle whereby taxes must be cut for certain social categories...
Ponta: Romania’s Economic Growth Forecast At 2% In 2013
The Romanian Government envisages an economic growth forecast of around 2% of the gross domestic product GDP in 2013, Premier Victor Ponta said Wednesday.
Romanian PM Victor Ponta Announces Minister Nominees
Romania’s Prime Minister Victor Ponta on Wednesday afternoon presented the list of minister nominees.
Ponta II Government Has EUR13 Billion To Repay In Four Years
The Ponta II Government will be faced with the repayment of the bulk of the record EUR19 billion loan that Romania took out from foreign lenders. The loan was approved in 2009 during the Dem...