Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. FinMin Teodorovici: We are trying to come to...

FinMin Teodorovici: We are trying to come to Government with draft budget rectification next week

November 15, 2018

The draft budget rectification could be discussed next week by the Government, Finance Minister Eugen Teodorovici announced on Thursday. “We are trying to come to the Government with the draft budget rectification next week,” Teodorovici said at the Victoria Palace. The finance minister said there were requests from some institutions to supplement the budget. Asked if there were talks on the budget rectification with the Presidential Administration as well, Teodorovici said: “The Finance Ministry had discussions with all the major public institutions that have been subject to the rectification and asked for some additional sums to their allocation. (…) Discussions also took place with the Presidential Administration and I repeat, in principle, where justified, where there are invoices received or about to be received by the end of the year, we will leave the related amounts to be paid, otherwise we will be overloaded and no saving is done this way, because next year the invoices, registered this year and paid next year, will still be accounted for based on the ESA methodology, let’s say, as a deficit this year. Finance Minister Teodorovici added that also next week the Government may discuss the decision on a differentiated minimum wage.

The post FinMin Teodorovici: We are trying to come to Government with draft budget rectification next week appeared first on Nine O' Clock.

Read in full - click here
DRS in Romania: from implementation to a European benchmark for the circular economy

Romania, which for years ranked last in the EU for packaging waste recycling, now stands at the forefront of Europe’s circular economy, proving that a country with initially fragile infrastructure can implement, in record time, one of the most effective collection and recycling systems in Europe. This rapid transformation is taking place in a European […]

New Year’s Eve Dining Experience at Ginger Sushi Bar & Lounge

Tucked inside Radisson Blu Hotel, Bucharest, Ginger Sushi Bar & Lounge marks the turn of the year with an intimate New Year’s Eve dining experience built around a multi-course tasting menu. From 19:00 onwards, guests are welcomed to a carefully paced evening that blends Japanese inspiration with premium ingredients, from scallops and Wagyu to Chilean […]

Non-profit Dăruiește Viață completes renovation of pediatric transplant unit in Timișoara

Romanian non-profit Dăruiește Viață has completed a new renovation project at the “Louis Țurcanu” Emergency Children’s Hospital in Timișoara, upgrading the Pediatric Onco-Hematology Transplant Unit to modern medical standards. The investment, worth approximately EUR 150,000, was funded by Linde Gaz Romania and Atos Global Delivery Center. The organisation has been working with the Timișoara hospital […]

Exhibition explores the place of jazz in pre-1990 Bucharest

The multimedia exhibition Aici Se Vede Jazz (Here You Can See Jazz), set to open at SAC Berthelot in Bucharest, explores how jazz found its way in the pre-1990 Bucharest and “the contemporary ways to listen, visualize, perform and relate artistically to its world of sounds and ideas.” Bucharest had improvised studios, rehearsals with the […]

Romanian Companies Increasingly Exposed to Non-Payment Risk: Aon's Solutions for a Volatile Business Environment

Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]

Bucharest malls in 2024: AFI Cotroceni leads turnover, Băneasa Shopping City tops profitability

Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]