Farmers Facing Financial Ruin In 2013 Due To Bad Weather May No Longer Pay Income Tax

Farmers in Romania who faced financial ruin last year due to bad weather could be exempted from paying the income tax for 2013.

Last year, farmers registered income-related loss following damages caused by extreme weather conditions, which generated a negative fiscal impact for those whose income was calculated based on income norms.

Exempting farmers from paying the income tax would have an impact of RON5.22 million on the state budget this year. (Romania Libera)

Dumitru Farcas’ Tarogato Found

The tarogato belonging to famous interpreter Dumitru Farcas and stolen in front of the Athenaeum was recovered after a man went on Sunday night to a TV channel and announced he found the musical instrument while he was jogging in a park in Basarab area, Bucharest Police said officials told Mediafax.

Farcas was left without tarogato after it was stolen from him on Saturday from a minibus parked in front of the Romanian Athenaeum in Bucharest. Thus, Farcas could no longer sing at the anniversary show of Romanian famous artist Gheorghe Zamfir.

Farcas said the Stowasser tarogato is his soul instrument on which he played for 55 years. (Evenimentul Zilei)

Half Of Romanians Trust Only Big Banks, One Third Keep Savings At Home: Survey

Half of the Romanians trust only big banks, one third prefer to keep their savings at home, (from 25% in 2006) due to the lack of confidence, low interests and high commissions, while the intention to take out a loan remains at low levels, according to a BRAT survey.

One third of the Romanians (34%) in urban areas say they resort to bank deposits as they have confidence in the banks, down from 43% in 2006, according to a survey conducted by the Romanian Audit Bureau Transmedia (BRAT) on respondents in urban area aged between 14 and 64.

Over 70% of the Romanians consider that banks are rather interested in the benefits from potential clients, while 37% say they resort to bank loans. (Adevarul)

PM Ponta Says Parliament Will Back Isarescu For New Term As Central Bank Head

Prime Minister Victor Ponta said the Parliament will endorse Mugur Isarescu for a new term as central bank governor.

Ponta also said the central bank’s new Managing Board will be appointed and subject to lawmakers’ vote in June. (Jurnalul National)

Democrat Liberals May Agree To Call Liberal Party The Party Resulted From Merger With Liberals

Democrat liberals might agree to name as National Liberal Party the new political party created by merging the Democratic Liberal Party (PDL) and the National Liberal Party (PNL), sources within PDL told MEDIAFAX.  

They also said that everybody wants the merger to be completed as soon as possible, but the only problem is the courts going on vacation. (Evenimentul Zilei)

Subiecte #press review