|
RRI newsletter subcription
(e-mail address):
|
 |
Archives:
|
|
| MEDIA HEADLINES 21/05/2010 |
| (2010-05-21) |
| Last updated: 2010-05-25 14:45 EET |
Romania is deep in financial crisis and it seems that nobody has come with the solution. What’s more important is that not even the Boc cabinet itself has produced a solution to the crisis, despite unprecedented austerity measures. The press has given wide coverage to the events, expecting that everything will culminate when public sector employees will see their incomes slashed by 25% and pensions will be cut by 15%. But will these measures be enough, or will taxes, fees and the VAT go up as well? The media has also carried debates around the ideal scenario to overcome the crisis. In the search for an illusory panacea, write the newspapers, the government resorts to desperate measures. “The tax authority will impose the martial law”, writes the daily paper Romania Libera.
The most chaotic fiscal legislation in Europe is about to become the toughest as well, writes the daily, referring to the draft government ordinance containing tough measures for fighting tax evasion, given that the effects of the measures taken by the government have not been very successful so far. Theoretically, eradicating tax evasion is the solution for all of Romania’s fiscal problems. An increase in the tax collection rate from 30 to 40% like in most EU states would bring another 10 billion euros to the state budget. This would allow Romania to finance the obese state. In a last-ditch attempt to increase budget revenues, the government is “ready to level excises on everything that moves”, notes the daily paper Adevarul.
The newspaper writes about the government’s plans to reintroduce excises on luxury products such as yachts, weapons, jewellery and natural fur. This tax had been eliminated at the beginning of the year because it ran counter to European norms. Ziarul Financiar writes that Romania could be penalised for reintroducing this tax, arguing that the country doesn’t lack legislation to combat tax evasion, but the problem is that it isn’t properly enforced. “The state’s fight against tax evasion will increase Romanians’ costs”, notes the daily paper Evenimentul Zilei, explaining that higher excises will generally lead to price hikes, lower consumption and therefore more, not less, tax evasion. For example, the government wants to increase excises on cigarettes. Producers say, however, that this measure will make cheap cigarettes more expensive and encourage smuggling cheap brands from the Republic of Moldova. Under the circumstances, the media wonders how effective the measures planned by the Boc government are after all?
|
|
| |
WMA |
|
64kbps : |
1
2
3
|
|
|
128kbps : |
1
2
3
|
| |
MP3 |
|
|
64kbps : |
1
2
3
|
|
|
128kbps : |
1
2
3
|
| |
AAC+ |
|
|
48kbps : |
1
2
3
|
|
|
64kbps : |
1
2
3
|
 Historical mascot of
RRI |
| |
© 1999 - 2011 Copyright Radio Romania International |
|
2025-04-03
Print
Listen again