The president of the National Liberal Party (PNL), Nicolae Ciuca, said on Friday, in Timisoara, that until the end of this year, there are no financial resources to meet the salary demands of the categories of public sector employees who have been protesting in recent weeks.At the same time, the PNL leader said that there is no risk of breaking the governing coalition on the subject of the introduction of new taxes and duties next year because this "red line" has been discussed and agreed and will not be crossed."Currently, work is being done at the level of each ministry on the budget limits that were distributed by the Ministry of Finance, so that the budget construction for next year can cover both the part of financing investments and the part of budget expenses, including the salary envelope. The way the decision will be made at the Government level will probably be finalized by having all the figures on the table and then making a decision. At the moment, it is clear that there is no money to settle the wage claims by the end of the year," said Nicolae Ciuca.As to progressive taxation, the PNL leader explained that at the moment we cannot talk about a single quota, as taxation has different values for certain categories of income."Today, we are not talking about a flat tax rate, because we have a profit tax of 16%, an income tax of 10%, and a dividend tax of 8%. As such, not having a single rate and still having room for work for the single quota, not exhausting its source to produce the effects in this sense, we continue to go for the single quota. (...) There are no reasons to break the coalition with the PSD in terms of taking fiscal measures. The red line about which we discussed, and I think we agreed, because that is why we are in a coalition and we have assumed a responsibility, it is related to new taxes and fees next year, and we will not cross this line," emphasized Nicolae Ciuca.The PNL president met on Friday, at the Timis County Council, with the PNL mayors from the county, where issues related to local investments were discussed.
Ireland can be seen as one of the most important business hubs in Europe and the European Union, as many international companies have established regional headquarters there. If you are looking for a country to expand your enterprise, you should definitely consider Ireland for several reasons that are presented below. Location and language The first […]
Cyprus is mostly known as a tourist destination. However, there is also a business side to it, as many investors choose it to open companies because of the favorable taxation system. Apart from its low corporate tax rate, there are a few more reasons why you should choose it if you are looking for a […]
The Romanian Commercial Code provides for various types of entities that can be created by natural persons and companies, local or foreign. Each of them has its own particularities, which can give it various advantages. How do you choose among them? We will review the main types of companies and their pros to help you […]
A new alley named after Romanian diplomat Nicolae Titulescu was inaugurated on Tuesday, December 9, in Paris’s Parc Monceau during a ceremony attended by Romania’s president Nicușor Dan and Paris mayor Anne Hidalgo. “I expressed my appreciation for the decision to name an alley in the beautiful Parc Monceau in Paris after the great Romanian […]
Oxygen Resort, a development located in central Romania’s Harghita county, has inaugurated its first bungalows. The first 18 bungalows are already functional, with another 17 units to be completed in the next stage, bringing the total to 35. The inauguration of the bungalows “marks the transition from a center dedicated predominantly to recreational activities to […]
Romania carried out a new medical evacuation mission for civilians from Gaza on Monday, December 8, transporting eight Palestinian patients and 29 accompanying relatives to Bucharest for treatment, according to the Department for Emergency Situations (DSU). The patients were evacuated aboard a Romanian Air Force C-130 Hercules aircraft after lacking access to adequate medical care. […]
