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WEALTH

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Wealth Of Bucharest MPs: Banking Accounts And Investments Of EUR140M
Social/Politics

Wealth Of Bucharest MPs: Banking Accounts And Investments Of EUR140M

The 40 deputies and senators elected in uninominal constituencies in Bucharest had cumulated income of EUR4.1 million in 2011, amounts in banking accounts and investments of EUR140 million.

Oana Gavrila · 14.12.2012 · 09:13 · 1 min
Credit Suisse: Romania Witnesses Sharpest Decline In Household Wealth
Social/Politics

Credit Suisse: Romania Witnesses Sharpest Decline In Household Wealth

Household wealth in Romania decreased 36% between July 2011 and June 2012, mainly due to the economic problems triggered by the euro zone crisis, according to Credit Suisse’s 2012 Global Wea...

Ioana Tudor · 18.10.2012 · 20:15 · 1 min
Basescu Passes Law Introducing Extended Confiscation Of Wealth
Social/Politics

Basescu Passes Law Introducing Extended Confiscation Of Wealth

Romanian President Traian Basescu on Tuesday signed into law a bill introducing extended confiscation of wealth, the Presidency said in a press release.

Ioana Tudor · 17.04.2012 · 16:00 · 1 min
Social/Politics

Parliament Adopts Bill Introducing Extended Confiscation Of Wealth

The Romanian Chamber of Deputies on Tuesday adopted a bill introducing extended confiscation of wealth.

Ioana Tudor · 27.03.2012 · 15:12 · 1 min
Banks-Insurance

Tax Authority Starts High Wealth Checkups Once Taxpayers File 2011 Income Statements

Romania’s tax authority ANAF will start investigating people with large wealth once taxpayers submit their income statement for last year.

Ioana Tudor · 23.03.2012 · 14:44 · 1 min
Treasury Head Cristian Sporis Has EUR1 Million In Liquid Assets
Banks-Insurance

Treasury Head Cristian Sporis Has EUR1 Million In Liquid Assets

Cristian Sporis, who recently put his banking career on hold to become a secretary of state with the Finance Ministry, where he is in charge of the Treasury, has accumulated about EUR1 milli...

Radu Bostan · 20.03.2012 · 00:00 · 1 min
Social/Politics

Senate Adopts Bill Introducing Extended Confiscation Of Wealth

The Romanian Senate on Monday adopted with 80 to three votes and eleven abstentions a bill introducing extended confiscation of wealth.

Ioana Tudor · 19.12.2011 · 20:32 · 1 min
Social/Politics

Government Anti-Evasion Plan: Check Large Wealth And 2006-2008 Real Estate Transactions

Romania's Government will begin a "program to investigate people with large income/ wealth" next year and will check individuals involved in real estate transactions in 2006-2008, in an effo...

Radu Bostan · 12.11.2011 · 14:04 · 1 min
Credit Suisse: Over 16,500 Millionaires In Romania
Analysis

Credit Suisse: Over 16,500 Millionaires In Romania

The average wealth of a Romanian rose by around 12% on the year to $13,987 in 2011, ranking the country 59th in a global chart by investment bank Credit Suisse AG.

Florentina Dragu · 19.10.2011 · 15:46 · 1 min