Archive for the “Business” Category

What the newspapers say: May 17, 2009

Romania reassures S’pore on Ionescu’s case

‘Mercury likely to soar in the Mediterranean’

Businessmen Cornel Penescu and Liviu Facaleata were retained again

Jeffrey Franks: if taxes in Romania are collected efficiently, there is no need to increase them

Fiscal authority to have department dedicated to control of high-income individuals

President Traian Basescu and PM Boc to meet with Parliamentarian groups

Environment minister: by Tuesday night, the volcanic ash cloud will leave Romania

What the newspapers say: May 11, 2010

Finance Ministry: Everything above 9,500 RON with salaries of state company employees would be taxed by 90%

Romanian Government to reactivate privatization program aggressively: CFR Marfa by April 2011, liquidation of Termoelectrica by July 2011

Statement letter to the IMF: fiscal evasion increases, effective payments of Rompetrol is uncertain / Early retirements are frozen. Budgetary personnel needs to be laid off