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Romania’s Anti-Crisis Measures To Include Tax Cuts – Deputy PM

Among the anti-crisis measures proposed by the Romanian government are the introduction of preliminary financing, tax exemption for reinvested profit, cutting red tape measures for companies and the reduction of parafiscal and non-fiscal charges, deputy Prime Minister Dan Nica said Monday.
Romania's Anti-Crisis Measures To Include Tax Cuts - Deputy PM
16 mart. 2009, 12:30, English

The social democrats and the democrat liberals, which formed the ruling coalition at the end of last year, did not discuss the introduction of new fiscal taxes, Nica added.

Nica also said the coalition cannot accurately estimate the amount of money that Romania might borrow from the International Monetary Fund.

The two coalition parties decided that the government will finalize in March the payment of debts worth EUR2.1 billion collected by the former government, Nica added.