Government Could Give Up Introduction Of Zero VAT Rate For Real Estate Transactions
The Romanian government could give up the introduction of the zero VAT rate for real estate transactions, government sources told MEDIAFAX.
“The business environment showed that this measure is puzzling more than helping, so that the government could give up the introduction of the zero VAT rate for real estate transactions. Moreover, they should have notified the European Commission but nothing official was sent to Brussels so far,” government sources said.
The PSD governing program stipulated that the zero VAT rate would be extended for the sale of apartments, advertising and agricultural inputs as of March 1, 2017. (mediafax.ro)
Tariceanu: A Nation Stays Alive As Long As Its Parliament Is Working
Chairman of the Senate, Calin Popescu Tariceanu, said Wednesday that the Parliament is the “heart and mind of the nation”, adding that a nation can lose its territory and population but it will stay alive as long as the legislative is working.
“Looking one century back, we can better understand that the Parliament is not just an institution among others. It is the synthesis of the nation that it represents. It is the guarantor of the nation’s survival (…) The Parliament is the mind and heart of the nation. (…) The nation exists as long as its Parliament is working,” Tariceanu said during the Parliament’s solemn session, referring to the actions of the Parliament back in 1917.
Tariceanu also stated that all state institutions can disappear but, as long as the Parliament legislates, the nation is “invincible”. (mediafax.ro)
President Awards National Order To Athletes Catalina Ponor, Marian Dragulescu And Larisa Iordache
Romanian President Klaus Iohannis on Wednesday awarded athletes Catalina Ponor, Marian Dragulescu and Larisa Iordache, who won medals at the European Gymnastics Championships in Cluj Napoca.
Catalina Ponor and Marian Dragulescu were awarded the National Order “Faithful Service” ” while Larisa Iordache got the “Sports Merit” Order. Ponor got a gold medal, Iordache got a bronze medal and Dragulescu got a gold and a silver medal at the European Gymnastics Championships in Cluj Napoca. (mediafax.ro)
CNAIR Starts Procedures For Acquisition Of Bucharest Ring Road Upgrade Contract
Romania’s road and infrastructure authority CNAIR will start the procedures for public acquisition which include the contract for the modernization of Bucharest ring road, worth RON339 million and the contract for repairing national road DN6 Alexandria-Craiova, worth RON267 million.
CNAIR announced it started the procedures for the public acquisition of the contract for the modernization of Bucharest ring road between A1 – DN 7 and DN 2 – A2, sector DN 2 (km 12+300) – A2 (km 23+750). The deadline for submitting the offers is June 13, 2017, while the deadline for the evaluation of the offers is July 7, 2017. (mediafax.ro)