Cristian Popescu Piedone Not Allowed To Run For Bucharest Sector 4 Mayor
Cristian Popescu Piedone’s bid to join the race for mayor of Bucharest’s sector 4 was rejected again Wednesday, but the decision is not final.
Piedone resigned last fall amid a massive scandal following a nightclub fire that left 63 people dead and dozens badly injured. (Puterea)
Romania Officially Drops 2019 Euro Adoption Target
Romania has officially dropped 2019 as its target for euro adoption, according to the 2016 convergence program approved by the government Wednesday.
The country maintains its goal to adopt the single European currency but a new target will be set by the next government and included in the 2017 convergence report.
Finance minister Anca Dragu said the country must reach real converge before adopting the euro, meaning people’s income should reach 70-80% of the eurozone average, while Romania is currently at 55%. (Adevarul)
Romania To Cut Household Gas Prices By Nearly 1.5% As Of May 1
Romania’s energy regulator ANRE on Wednesday said natural gas prices for household consumers included in the consumption category B, accounting for 94% of overall clients, will be cut by an average 1.5% as of May 1, 2016.
The decision follows a nearly 8.8% decline in distribution tariffs for E.ON Distributie, a nearly 2.4% decline for Distrigaz Sud Retele SRL and the partial recovery by companies of historical costs with the acquisition of natural gas supplied to household clients.
According to ANRE, starting May 1, some 1.51 million household clients having E.ON Energie Romania as supplier, will enjoy a nearly 1.9% price cut, while 1.42 million clients of Engie Romania will see a 1% price cut. (Puterea)
PwC: New EU Customs Code Brings Major Changes For Romanian Companies As Of May 1
The new European Union customs code, which will also be implemented in Romania as of May 1, will bring major changes for local companies and will represent an important step in the modernization of the customs legislation of the 28 EU member states, PwC representatives said.
The new EU customs code also brings a modernization of the IT infrastructure, allowing easier electronic access, without using paper forms, PwC representative said.
“The new legislative package is currently based on approximately 1,000 pages, and will also include a high number of orders of the tax authority ANAF that will be issued in the upcoming period. Thus, we have proposed the setup of a work group between the business sector representatives and the representatives of the Romanian customs authority,” said Daniel Anghel, head of Indirect Tax, PwC Central and Eastern Europe. (Curierul National)