The Minister of Finance, Adrian Caciu, has met, on Tuesday, in Brussels, the European Commissioner for Economy, Paolo Gentiloni, to whom he presented the budget measures taken by the Government in the context of ensuring the sustainability of public finances and the proposals for the modernizing the tax policy.According to a release of the Finance Ministry, sent on Tuesday, the meeting between the two officials took place on the sidelines of the ECOFIN Council in Brussels.The Finance Minister has emphasized respecting the commitment regarding the adoption in due time of the budget for 2022, its form managing to avoid the premature withdrawal of budget support for managing the effects of the pandemic crisis and to create, at the same time, fiscal space.Adrian Caciu pleaded to reach a balance between maintaining the commitment of Romania to return to the limits of the Stability and Growth Pact in 2024 and the gradual accomplishment of fiscal consolidation, taking into account the increased needs for public investments.Regarding measures to support investments, the Finance head mentioned that "even in the conditions of a total adjustment of costs, investment spending had a major increase ensured, of over 1 percentage point, up to the level of 6.7% of the GDP, especially through the use of non-returnable external funds made available by the European Union."According to the quoted source, the two officials also discussed policies in the realm of taxation.The Finance Minister reiterated the priority of the Government in regards to reducing the VAT deficit through combating tax evasion by means made available both by the national legislation, as well as by the European one."The Government's priority is to reduce the fiscal deficit in VAT and to reduce tax evasion. We maintain our commitment to return to the limits of the Stability and Growth Pact in 2024," Adrian Caciu told the EU Commissioner for Economy.On the other hand, the Finance Minister also presented to the European Commission representative the mechanism for the B2B electronic bill for products with a raised fiscal risk, as well as the E-Transport system established by Government Emergency Ordinance no. 130/2021.
On Monday, January 13, officials at the Cantacuzino Hospital in Bucharest alerted police that a man stole three amputated legs from the storage area. While two were later found, the third is still missing. The incident took place three days prior, on January 10, and was captured by surveillance cameras. Images published by Euronews Romania […]
The General Prosecutor's Office announced on Wednesday, January 15, that criminal prosecution has been initiated again against former president Ion Iliescu and ex-prime minister Petre Roman in the case targeting the violent crackdown of the protests in Bucharest's University Square on June 13-15, 1990, also known as the Mineriada (miners' riot). The two are facing […]
Approximately 62% of employees in Romania intend to change their workplace in the next six months largely due to financial reasons, according to a survey conducted by the online recruitment platform Bestjobs. Approximately 48% of respondents intend to change their workplace because they want a better salary, 13% due to a lack of professional development […]
Roborock, a global leader in intelligent cleaning solutions, announces the launch of its latest innovation, the Roborock Qrevo Curv, a state-of-the-art robot vacuum and mop designed to redefine home cleaning. This revolutionary product combines cutting-edge technology with an innovative cleaning system to offer an unparalleled cleaning experience for consumers. "Roborock Qrevo Curv represents a new […]
Bucharest mayor Nicușor Dan announced that his administration will draw inspiration from the Icelandic model to combat and prevent drug use among young people. The mayor also stated that building a medical facility dedicated to those struggling with addiction is being considered, using spaces belonging to Colentina or Obregia hospitals. “As Bucharest residents decided through a […]
A young deer trapped in the icy waters of a pond near Fălticeni, Suceava county, was recently saved by a team of firefighters. According to the Emergency Situations Inspectorate, which shared a short video of the rescue mission, the fawn had attempted to cross the frozen pond, but the thin ice cracked beneath its weight, […]
