about us | newsletter | contact | archive | members area
SERGIU OPRESCU, ARB
The bank must analyse each loan and make early provisioning at the beginning of the loan»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

PM Grindeanu: Insolvency seems to have become national sport

Prime Minister Sorin Grindeanu has asked the Finance Ministry and the National Tax Administration Agency (ANAF) to come up, by May 15, with a careful analysis of the state of affairs over the past years regarding the filings for insolvencies to draw up measures that will lead to a decrease in what he said seems to have become a national sport, according to Agerpres.

2017-04-13 19:13:42

"What interests us in the period immediately ahead is the legislative framework related to taxation," said Grindeanu. "We have to make a very careful analysis of what currently seems to become a national sport, namely many companies filing for bankruptcy. That does not concern the now, but the past years and the failure to get out of it. A very careful analysis must be conducted in this area, and I asked the Finance Ministry and ANAF to come up with measures to improve things so that what I called a national sport, and I guess the chairman said the same, no longer be practiced, and they must do so by May 15, a deadline we agreed upon together. There are very many assets, very many things frozen for the duration of the bankruptcy process. I want this analysis to be done carefully, and the analysis as well as the measures should be unveiled to me and the Government before May 15."

Grindeanu's statement came after a meeting with Agriculture Minister Petre Daea and the ministry′s headquarters in response to media question about what he asked ANAF and the Finance Ministry to do at a government′s meeting on Thursday.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  1338 Views
Daily Info
Cushman & Wakefield Echinox expands its retail department with new appointment

Cushman & Wakefield Echinox consolidates its retail team by recruiting Dana Radoveneanu, a specialist with six years of experience of the local retail market, a press release ...

Banca Transilvania posts 246 million RON profit in the first quarter of 2017

Banca Transilvania's net profit is 246 million RON (54.6 million Euro) for the first quarter of 2017, whereas Banca Transilvania Financial Group's net profit amounts to 267 mi...

Greg Konieczny, FP: We really need a miracle to think about Hidroelectrica's IPO this year

There are some good news and some bad news about Hidroelectrica lately, according to Greg Konieczny, director of Fondul Proprietatea, who said in a press meeting that 'we real...

PM Grindeanu: Income tax applied in other countries, we are not reinventing the wheel

Prime Minister Sorin Grindeanu stated on Monday evening at a private TV broadcaster that he expects a final draft of the income tax project so that he can decide, but underlin...

Electrica to repair its damaged power grid in the next 48 hours, 25,000 consumers still affected by power outage

Due to severe weather conditions (rain, snow and strong wind) in the south-eastern counties of Romania on April 20, 2017, Electrica had several power grid failures within its ...

 
 
   
advertising

advertising

advertising

advertising

More on News
Iohannis: I explained to EU leaders multi-speed Europe is not a good solution, could end in split-up

President Klaus Iohannis, speaking after the European Council's meeting, said that he explained to EU leaders that a multi-speed Europe is not a good solution and that in e...

BRUA pipeline to operate in 2020 when Exxon, Petrom will extract Black Sea gas

The works at the BRUA (Bulgaria - Romania - Hungary - Austria) pipeline will start at the end of 2017, and the gas pipeline will become operational in 2020, when ExxonMobil...

Ninety-seven per cent of household waste ends up in landfills, says ARBIO

As much as 97 per cent of Romania's household waste ends up in landfills, and Romania could be fined starting in 2020 about 500,000 Euro per day if it fails to bring the nu...

Net investment in national economy, down 3.3 per cent in 2016

Net investment carried out last year in Romania's national economy stood at 70.281 billion RON (15.6 billion Euro, declining 3.3 per cent from 2015, according to data relea...

Romania has significant potential in agriculture, but low productivity, says PwC Romania

Romania is one of the European countries with the highest potential in agriculture with the sixth biggest agricultural use area in the EU, but it has a low productivity due...

Commercial property investments in Romania exceeded 850 million Euro last year, says DTZ

In 2016, the total volume invested in commercial property in Romania exceeded 850 million Euro, a DTZ Echinox report shows. Bucharest attracted 660 million Euro, which repr...

PM Grindeanu: We must back European project strengthening, not multi-speed Europe

Romania's consistent stance - whether expressed by the country's Presidency, government or Parliament - on the future of the EU in the Brexit context is to support the stre...