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.
Deloitte Romania assisted AQUILA, leader in the integrated distribution and logistics services for the fast-moving consumer goods market in Romania and the Republic of Moldova, in the acquisition of Romtec Europa, the company that produces car care fluids and aerosols. The transaction, valued at 3.2 million euros, was signed in December 2023 and completed recently, following approval from […]
CBRE Romania, the leader in providing commercial real estate services, launches an analysis regarding the business potential and alternative investment and development opportunities in Timiș County. According to the analysis, Timiș stands out as a vital centre of Romanian agriculture, ranking first in agricultural area with 693.034 hectares and second in organically cultivated land area. […]
By the end of 2024 the stock of modern retail spaces will overpass 4.5 mln. sq. m setting a new record for Romania. Circa 186,000 sq. m could be added to country’s modern retail stock if taking into consideration under-construction projects. The popularity of the specialized format is noticed in the forecasted developments, claiming 95% […]
The average office fit-out costs have increased by around 15-20% during the past 12 months, but they still remain among the lowest in the Central and Eastern Europe (CEE), according to data from the Cushman & Wakefield Echinox real estate consultancy company. With an average level of €943 per sq. m of office space, the […]
Romania is present at the 10th edition of the EU-Startups Summit in Malta, the biggest event for tech startups in Europe, through RoTechMission, a delegation organized by DiFine PR, Techcelerator and ROTSA (Romanian Tech Startups Association). More than 2,000 people, including 1,000 entrepreneurs and 300 investors, will attend the event, which takes place from May […]
AeroVacanțe, part of the Aerotravel group, is betting in 2024 on new destinations, more accessible for Romanians, as a result of the growing demand for holidays in new destinations untouched by mass tourism. Thus, the agency introduces for this summer 14 charter flights to Lesbos, the third largest island in Greece, where the costs of […]
