CĂUTARE (34)

Economic expert, university professor Dr. Mircea Coşea, told us that the package of fiscal measures presented yesterday by Finance Minister Alexandru Nazare is toxic for the country's economy.

• The fiscal deficit and the reaction of the capital market 

For the sustainability of public debt, given that the budget deficit reached 9.3% of Gross Domestic Product last year, a massive fiscal adjustment is necessary, i.e. a drastic reduction in public spending and better collection of revenues to the...

Over 9.4 million citizens who went to the polls on November 24 had their options canceled by the Constitutional Court of Romania, which, after validating the first round of the presidential elections on December 2, reversed its decision on...

The Parliament established following the 2020 elections ends its four-year mandate today, a period that can be characterized as one marked by major crises such as the Covid-19 pandemic, the energy crisis following the war in Ukraine, political...

Due to the existence of an oligopoly in the energy balancing market, which imposes ever higher prices, a significant part of the energy suppliers could close their doors in the next three months, if the Government, the Ministry of Energy or the...

Greed, bad decisions, wrong experiments have caused immense damage to nature. Humans, guilty of climate warming, represent the same "danger" for our planet as "the meteorite that exterminated the dinosaurs", declared the UN...

The world's five richest people saw their wealth more than double from 2020 to the latter part of last year, according to a report by Oxfam, an organization that calls for reducing "corporate power," according to CNBC.

The Financial Supervision Authority is waiting for the vote tonight or tomorrow by the plenary of the Parliament which will confirm the choice of the new management team made yesterday by the members of the joint committees of the budget,...

The exit from the insolvency of the Romanian state is done on the back of the business environment by means of law 296/2023 through which new fiscal measures were introduced, the participants of the conference "Austerity measures vs. the...

Climate change and the lack of vegetation are suffocating major cities. There are urban areas where concrete has taken over all available space. The "Between Neighbors" Association is urging authorities to create a working group for...

Impozitarea băncilor cu 1% din cifra de afaceri este o măsură care trebuia luată mai demult, ne-a declarat Valentin Lazea, economist-şef al Băncii Naţionale a României.

Taxing banks with 1% of turnover is a measure that should have been taken a long time ago, Valentin Lazea, chief economist of the National Bank of Romania, told us.

University professor and economist Mircea Coşea believes that the fiscal measures that the Government wants to implement will inhibit economic growth, will lead to the transition of several companies to the black economy, because the respective...

The offshore law will once again reach the Commission, in one or two weeks, according to Mr. Virgil Popescu, the vice-president of the Commission for Industries and Services, the Chamber of Deputies.

An issue raised by lawyer Gheorghe Piperea, last year - the fact that the Proprietatea Fund has reduced its share capital, even though it was posting losses in 2015, a fact which is prohibited by the Law 31/1990 concerning commercial companies -...

Reporter: Do you think that in 2009, we actually needed the loan that Romania took out from the international lenders? Why did we get to the point of having to call upon the international financial institutions, when the government had...

CHF borrowers suspect that banks have made speculations based on lending terms, as many consumers claim that, at the time they contracted their loans denominated in CHF they got their money either in lei, or in Euros.

Reporter: What are your expectations from the new elect president of Romania?

The madness of loans denominated in Swiss Francs (CHF) seems to have reached a climax, where at least one of the banks involved has given in.

The German Central Bank has proposed an extension of the "bail-in" operation to the level of European stats faced with default: a tax on the wealth of well-off citizens, only charged once, which would be a one-off, and should precede the...

The German Central Bank has proposed an extension of the "bail-in" operation to the level of European stats faced with default: a tax on the wealth of well-off citizens, only charged once, which would be a one-off, and should precede the...

Biserica Ortodoxă Română (BOR) a devenit unul dintre principalii jucători în problema explorării pentru gaze de şist. Deşi, oficial, instituţia nu a prezentat până acum un punct de vedere, în realitate, a dezvoltat o adevărată structură, condusă...

On the last monetary policy meeting, the NBR came up with a surprise by which it wants to convince us that it still holds a relevant position in the mechanism of an economy which is incapable of overcoming the recession.

The Central Bank of Cyprus (CBC) yesterday approved the transfer of the deposits, the liquidity and of part of the loans to the Romanian branch of Bank of Cyprus (BoC) to Marfin Bank, the local branch of Cyprus Popular Bank (Laiki Bank), which...

The first draft bill requires companies exploiting natural resources and markets, other than natural gas, to pay a special tax of 0.5%, which will be applied to the income taken into account for calculating turnover. If approved, this fee will be...

• Ionel Blănculescu proposes a European project to manage sovereign debt 

Reporter: What do you think are the main issues that obstruct the absorption of European funds?

East European criminals and corrupt politicians have found in offshore havens a tool so perfect that it has permanently changed how business is done in the region. By using offshore laws that stress secrecy over everything else including crime...

• Iulian Urban claims that the Government will eventually pass this bill 

The hike of the flat tax rate is the last and worst solution for plugging the budget deficit, and the Romanian government and the IMF officials are all aware of it, just as they perform the quarterly evaluation process for the release of the...

Cristina MihalaŞcu

The profit tax will decrease, next year, from 25% to only 19% - announced yesterday Mr. Mihai Tanasescu, minister of Public Finance. The new level surprised even the businessmen who negotiated changes within the Fiscal Code with representatives...