The European Commission decided on Friday to open an infringement procedure by sending a letter of formal notice to Romania, Belgium, Bulgaria, Greece, Spain, Lithuania and Portugal for failing to communicate to the Community Executive the measures for the full transposition of EU Directive 2022/542 regarding value added tax rates. EU member states had to communicate the full transposition of the Directive into national law by 31 December 2024, the EC press release also said. The directive allows for a wider use of reduced rates, including zero rates for essential products such as food, pharmaceuticals or those used for medical purposes. “Member States may exempt supplies of goods and services carried out within their territory by taxable persons who are established in that territory and whose annual turnover at Member State level, relating to those supplies of goods and/or services, does not exceed the threshold set by those Member States for the application of this exemption. That threshold may not exceed EUR 85,000 or the equivalent in national currency. Member States may set different thresholds for different economic sectors, based on objective criteria. However, none of these thresholds may exceed the threshold of EUR 85,000 or the equivalent in national currency,” according to the directive. The European Commission has therefore decided to send a letter of formal notice to the eight EU Member States to complete the transposition and notify their measures to the Community Executive. The mentioned States now have two months to respond to the EC’s requests. In the absence of a satisfactory response, the European Commission could decide to issue a reasoned opinion.
The Minister of Economy, Radu Miruta is taking over the interim position at the Ministry of National Defense, after the decree appointing him to this position was published in the Official Gazette of Romania on Friday evening.The decree noting the resignation of Ionut Mosteanu, Deputy Prime Minister, Minister of National Defense, was also published in […]
The joint plenary session of the Chamber of Deputies and the Senate in which the Government is to pledge responsibility for the draft law on magistrates' pensions will take place on Tuesday afternoon.The joint standing bureaus of Parliament decided on Friday that the joint plenary session dedicated to pledging responsibility for the Government's draft law […]
Romania is risking a penalty from the European Commission for failing to meet the National Recovery and Resilience Plan (PNRR) milestone regarding the appointments in state-owned companies, but it is not in a situation of fully missing the target, Government Spokesperson Ioana Dogioiu said on Thursday."The Agency for the Monitoring and Evaluation of the […]
The Bulgarian Council of Ministers approved a Memorandum and Plan of Action among the governments of Bulgaria, Greece and Romania, www.actualno.com informs. In this document, the three countries engage in coordinated actions to ensure the future connection between the Aegean Sea, Black Sea and the Danube by joint road and railway projects. The […]
Romania's population is going through a sharp aging process, similar to the global trend, given that, in July 2025, the number of people over 65 exceeded the number of children under 14 by 35.4%, according to data from an insurance company.The demographic aging index increased from 126.8 (as of January 1, 2024) to 132.4 (as […]
The Bucharest City Hall will start the winter holidays on Saturday, with the opening of the Christmas Market in Constitution Square.Also on Saturday, the winter season lights will be turned on and the Bucharest Downtown Christmas Market in University Square will begin, according to a press release sent on Wednesday by the Bucharest Municipality.Thus, on […]
