Archive » July 2010 » 14 July 2010 The english news from 14 July 2010
PM slams Vladescu for initiating fiscal reforms
Finance minister announced a set of measures aimed at curbing budget deficit, including the end of flat tax, reducing VAT and introduction of progressive taxation. Vladescu had no green light to announce such measures, an angry premier reacted. The Boc Cabinet seems unable to agree on the tax issue. Yesterday, the premier said the minister of finance had not had a mandate to lift the flat rate and the progressive tax subject publicly, as it had not been analysed and approved by the Government…
BNR: Five-month current-account deficit surges 45pc y-o-y
Romania's balance-of-payments current account January-May 2010 posted a deficit of 28.65 billion euros, up 45.7 percent from the same period of 2009, the National Bank of Romania (BNR) reported on Tuesday. BNR explains the development was due largely to a 55.0 percent year-over-year decrease in current transfers surplus. …
IRES poll: Over 80 pct Romanians would insure dwellings were it mandatory, but for small amounts
Over 80 percent of the Romanians would insure their dwellings if regulations for the enactment of the law on the mandatory home insurance were issued, says the opinion poll called Public Administration and Floods conducted by the Romanian Institute for Assessment and Strategy (IRES), over July 6-8. According to the poll, 13 percent of the respondents said they would not insure their homes, 2 percent answered they did not know if, and 1 percent did not answer. …