PONTA
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Business Sector: Come Up With A Budget And Keep The 5% Social Security Tax Cut In 2015
Romania has elected a new president, Klaus Iohannis, but has the same government led by Prime Minister Victor Ponta, and no budget for next year. A budget, which, regardless of how it is dev...
PM: Romania To Keep Flat Tax Unchanged By 2016 Parliamentary Elections
Romania will keep the 16% flat tax unchanged until the parliamentary elections in 2016, then the winners of the elections will decide on the issue, Prime Minister Victor Ponta stated Tuesday...
PM: Romania’s Central Bank Likely To Cut Key Rate To Less Than 3%
Romania’s central bank may cut its main monetary policy rate to less than 3% a year in the upcoming days, Prime Minister Victor Ponta said Tuesday.
PM: Romania To Continue Listings With Hidroelectrica, Aeroporturi Bucuresti, Constanta Harbor
The Romanian government will continue the listing of state-owned companies such as power producer Hidroelectrica, Bucharest airport company Aeroporturi Bucuresti, energy holding CE Oltenia a...
Ponta Expects Romania’s Exports To Reach EUR50B This Year, Close To 2013 Level
Romania’s exports are expected to reach EUR50 billion by the end of 2014, although in the past this was considered unachievable, "not even in 100 years”, Prime Minister Victor Ponta said Wed...
Ponta: Romania And China Engrossed In EUR6B Projects For Energy Sector And Infrastructure
Prime Minister Victor Ponta said Thursday that Romania and China are carrying out investment projects worth EUR6 billion, adding that in the current geopolitical context, with Romania backin...
PM: Social Security Tax Cut To Be Offset By Taxes On New Jobs, VAT For New Investments, Insolvency
The social security tax cut can be compensated by measures such as extra receipts from social contributions for new jobs, additional VAT cashing on new potential investments, the recovery of...
PM: Social Security Tax To Be Cut By 5 Pps As Of October 1
Social security contributions will be lowered by five percentage points as of October 1, impacting the budget by RON850 million, without increasing the budget deficit, Prime Minister Victor...
PM: Energy Price Hike, Biggest Danger For Romanian Economy
The energy price increase is the biggest danger for the Romanian economy, while one of the main challenges of the government is the setting up of a free and transparent energy market, withou...