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STATE BUDGET

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Hidroelectrica To Transfer Special Dividends Of RON655M To State Budget In Two Weeks Tops
Companies

Hidroelectrica To Transfer Special Dividends Of RON655M To State Budget In Two Weeks Tops

The Energy Ministry and investment fund Fondul Proprietatea, the two shareholders of state-run hydropower generator Hidroelectrica, on Wednesday approved the payment of RON655 million worth...

Ecaterina Craciun · 13.09.2017 · 18:04 · 1 min
SME Council: Planned Fuel Excise Hikes Won’t Solve Deficit Problem Or Balance State Budget
Macroeconomics

SME Council: Planned Fuel Excise Hikes Won’t Solve Deficit Problem Or Balance State Budget

Romania’s National Council of Romanian Small and Medium-sized Enterprises, or CNIPMMR, on Monday said the planned increase in excise duties on gasoline and diesel gas will not solve deficit-...

Ecaterina Craciun · 04.09.2017 · 16:50 · 1 min
Romanian Tax Authority Collected RON199.4B In 2016, 1.8% Higher Than Planned
Companies

Romanian Tax Authority Collected RON199.4B In 2016, 1.8% Higher Than Planned

The Romanian tax authority ANAF collected revenues of RON199.4 billion in 2016, up by RON2.6 billion compared with 2015 and RON3.52 billion (1.8%) higher than the planned amount, the institu...

Gabriela Stan · 13.01.2017 · 13:18 · 1 min
Posta Romana Paid EUR163M In Taxes To State Budget In 2014-2015
Companies

Posta Romana Paid EUR163M In Taxes To State Budget In 2014-2015

Romania's state-owned postal operator Posta Romana contributed EUR163 million to the state budget in 2014 and 2015, as profit tax, VAT for commercial contracts, and taxes to the state budget...

Gabriela Stan · 02.08.2016 · 13:36 · 1 min
Romanian President Signs State Budget, Social Insurance Bills Into Laws
Social/Politics

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.

Gabriela Stan · 18.12.2015 · 14:14 · 1 min
Macroeconomics

Romanian Parliament Approves 2016 State Budget

Romanian lawmakers on Wednesday approved the 2016 state budget plan with 309 votes in favor and 13 against.

Oana Gavrila · 16.12.2015 · 12:36 · 1 min
Romania 2016 Budget Targets Deficit of 2.8% of GDP
Macroeconomics

Romania 2016 Budget Targets Deficit of 2.8% of GDP

Romania's 2016 state budget draft considers a deficit of 2.8% of gross domestic product, within the EU limit of 3%, to accommodate tax cuts and wage raises passed by the previous government.

Oana Gavrila · 05.12.2015 · 15:55 · 1 min
Companies

KeysFin: Companies’ Debts To State Budget Down To RON47.9B In January-September

The debts of Romanian companies to the state budget continued the downward trend and fell to RON47.9 billion in January-September, with the biggest debts registered by a company in KMG Inter...

Gabriela Stan · 26.11.2015 · 13:35 · 1 min
Retail&Consumer

Finance Minister: VAT Cut On Food Items Had Positive Impact Over State Budget

The impact of the VAT cut to 9% on food items as of June 1 was a positive one, bringing RON400 million to the state budget, although the government estimated a negative impact of RON500 mill...

Gabriela Stan · 31.07.2015 · 13:21 · 1 min