UK Ambassador To Romania Praises Anticorruption Institutions
Speaking in an interview for PRO TV, UK Ambassador to Romania Martin Harris praised the activity of the National Anticorruption Directorate (DNA), the High Court of Cassation and Justice (ICCJ), and the National Integrity Agency (ANI).
The UK ambassador reminded the support granted by the British Embassy to anticorruption institutions, adding that UK companies can benefit from an attractive business environment in Romania only by eradicating corruption. (Romania Libera)
State’s Revenue From Taxes Up 5% In The First Two Months
The Romanian state’s revenue from taxes and fees rose 5% in the first two months of this year, compared with 2013, but is below government’s estimations.
Gelu Diaconu, head of the country’s tax authority ANAF, stated that the high number of insolvencies and the fraudulent use of this procedure to avoid the payment of taxes to the state led to lower-than-expected revenue.
Speaking in an interview for Hotnews, Diaconu stated that last year, out of 12,900 insolvent companies, almost 10,000 went bankrupt, so that the state budget got almost nothing. He added that the budget debts of insolvent companies total RON26 billion (EUR6 billion), for taxpayers with assets or revenue exceeding RON10 million. (Adevarul)
Romanian Insurers Association Mulls Joint Database To Avoid CASCO Insurance Frauds
The National Association of Insurers in Romania (UNSAR) plans to create a joint database that will allow companies to cross-check damages insured by CASCO voluntary insurance, according to mediafax.ro.
“UNSAR came up with this initiative and we hope it will be approved by the end of the year. By using an IT application, companies will be able to check the record of car damages. The joint database will allow insurers to avoid closing a CASCO voluntary insurance for badly damaged cars for which damage claims have already been paid,” Madalin Rosu, UNSAR Car Division representative, stated during an event organized by the association. (Evenimentul Zilei)
Romanian Courts Register Over 3 Million Trials In 2013
Romanian Courts registered over 3 million trials in 2013, for the second consecutive year.
Most of the trials, namely 80%, are civil trials. As one of the parties is usually discontent with the final decision, Romanians also filed numerous complaints to the European Court of Human Rights (ECHR), ranking sixth of 47 states.
At the end of last year, Romania was outranked by only five states in the classification of states with most trials at the ECHR, namely the Russian Federation, Italy Ukraine, Serbia and Turkey. (Curentul)
Milk Production Up 15%, Prices Down 10% In 2014
Milk production will increase by approximately 15% this year, following the increase by over 50% of the subvention for dairy cattle, while prices will decrease by up to 10%, on the backdrop of supplementary quantities, representatives in the dairy sector told Mediafax.
“We will end 2014 with an approximately 15% production increase. As the market offer is increasing, prices will fall this year by over 10% compared with 2013,” Dorin Cojocaru, head of Romanian Dairy Industry Employers’ Association (APRIL), stated. (Curentul)