disabled

Romania’s Government is considering taxing several social benefits, such as allowances for children or people with disabilities, by 15%, in an attempt to reduce budget spending, people close to the matter told MEDIAFAX Friday.

Romanian senators adopted Tuesday a legislative proposition stipulating that people with accentuated or severe disability should be exempt from paying income taxes on their pensions.

The Romanian government will suspend during the second budget revision in 2008 the subsidized loans for people with disabilities, after the authorities recently limited the loan value to EUR10,000, government sources said Tuesday.

The Romanian Executive decided to limit the value of loans with state-subsidized interest that can be contracted by people with disabilities to EUR10,000, after people used the credits to buy luxury cars, motorboats or yachts.