PM: Constitutional Court Ruling Regarding Insolvency Code Gives Green Light To Tax Evasion
The decision issued by the Constitutional Court, which ruled Romania’s new Insolvency bill unconstitutional in its entirety, encourages tax evasion and strikes a blow not only at the current government but at all future governments seeking to boost budget revenues, Prime Minister Victor Ponta said.
The bill had been contested by the ombudsman, who targeted a provision that states audiovisual licenses would be suspended in case of their holder’s insolvency and another that would have applied the law retroactively.
The Constitutional Court said Tuesday not only the two provisions are unconstitutional but the entire normative act. (Evenimentul Zilei)
About 13,500 Kg Of Spoiled Meat Withdrawn From Market
Romanian poultry meat producer Avicola Calarasi supplied 13,500 kilograms of spoiled meat to store chain Selgros and the meat has been withdrawn from the market.
Vladimir Manastireanu, the head of the country’s National Sanitary Veterinary and Food Safety Authority (ANSVSA), said Wednesday inspectors checked Selgros stores and decided to withdraw the meat products supplied by Avicola Calarasi. (Curentul)
Romania Registers Alarmingly High Number Of Stroke Cases
Cerebrovascular diseases kill four times more Romanians than Europeans, according to Dafin Muresanu, president of the Association for Neuroprotection and Neuroplasticity (SSNN).
Romania is among the countries with the highest number of people affected by stroke, Muresanu said.
The main causes of cerebrovascular diseases are atherosclerosis, arterial hypertension, heart diseases, dyslipidemia, diabetes, smoking and artery dissection, which is the most common cause of stroke in young adults, he added. (Curentul)
Romanian Government Approves Second Budget Revision This Year
Romania’s Government on Wednesday approved this year’s second budget revision, following talks with the International Monetary Fund, Prime Minister Victor Ponta said.
The budget revision raises the country’s deficit to 2.5% of the gross domestic product from 2.3% of GDP.
Finance and deputy prime minister Daniel Chitoiu said Wednesday, after the Government approved the budget revision, liberals would quit the government if it decided to increase the flat tax, currently at 16%, starting next year.
Minister-delegate for Budget Liviu Voinea said Wednesday morning the Government is considering widening taxable income to fill in the revenue-expenses gap in the budget for 2014 and wants to set a new formula to compute excise duties. (Gandul)