profits

The Romanian government will implement tougher measures, like over-taxing the profits obtained by foreign banks in Romania, if they do not keep their financing lines in the country, breaking thus the agreement reached in March in Vienna, Prime Minister Emil Boc said Tuesday.

Romanian President Traian Basescu asked the Parliament to reexamine the law allowing the employees of the Romanian lottery to participate in the company’s net profit, through the distribution of 10% of the accounting profit, saying this provision is not adequate.