Archive » July 2010 » 08 July 2010 The english news from 08 July 2010

  • The independents are proposing an overtax on estates worth over 500,000 Euro

    Deputy Eugen Nicolicea specified that the measure would apply only during the crisis, and could raise 2 billion Euro. The independents are preparing a draft bill for applying a tax on displayed wealth. Those in the crosshairs are persons with more than 500,000 Euro in their bank accounts, with the measure to be applicable solely during the economic crisis. National Union for the Progress of Romania Deputy Eugen Nicolicea, tasked by the party to draft the piece…

  • June unemployment rate slightly down to 7.44 pct

    The unemployment rate registered in June this year was 7.44 percent, slightly down from the 7.67 percent registered in May; in June 2009 the joblessness rate had been 6 percent, shows data provided by the National Labor Employment Agency (ANOFM). The total number of jobless registered with the county employment agencies was 680,782, of whom 283,335 women. …

  • President blames Parliament, Constitutional Court for VAT hike

    The Head of State admitted yesterday, in an interview for the public radio station, that the VAT hike was a mistake, pointing out that the measure will not solve Romania's problems, with the solution to those problems consisting of taxing all incomes, lowering the huge salaries that some public sector employees have and cancelling social…

  • Videanu: We're analyzing reducing the flat rate tax to 10 prc. Boc: Let's drop the scenarios

    Hours after Adriean Videanu confirmed for Gandul that the possibility of reducing the flat rate tax is being analyzed, Prime Minister Emil Boc stated that we "should drop the scenarios" and that "what we have in force now, that's it". During the Monday meeting of the National Permanent Office of the Democratic-Liberal Party, party leaders discussed the possibility of lowering the flat rate tax from 16% to 10%, the conclusion being …

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