Expats

Romanian prez to reject law on sales tax reduction [Nov 02, 2010] Romania's president says he will ask parliament to reconsider legislation slashing the sales tax on food after lawmakers said they approved the four-fifths reduction by mistake. [via YahooNews] More >>

Romanian president rejects law reducing sales tax [Nov 02, 2010] (AP:BUCHAREST, Romania) A top adviser in economically struggling Romania warned Tuesday that a further 50,000 public employees would lose their jobs next year, as the country's president said he would reject a new law slashing the sales tax on food, a bill lawmakers say they enacted by mistake. [via YahooNews] More >>

Romanian president rejects law reducing sales tax [Nov 02, 2010] A top adviser in economically struggling Romania warned Tuesday that a further 50,000 public employees would lose their jobs next year, as the country's president said he would reject a new law slashing the sales tax on food, a bill lawmakers say they enacted by mistake. [via YahooNews] More >>

Romanian president rejects law reducing sales tax [Nov 02, 2010] (AP:BUCHAREST, Romania) Romania's president said Tuesday he would reject a new law slashing the sales tax on food _ a bill lawmakers say they enacted by mistake. [via YahooNews] More >>

Romanian prez to reject law on sales tax reduction [Nov 02, 2010] (AP:BUCHAREST, Romania) Romania's president says he will ask parliament to reconsider legislation slashing the sales tax on food after lawmakers said they approved the four-fifths reduction by mistake. [via YahooNews] More >>

Sales tax slashed in Romania by mistake [Oct 20, 2010] (10-20) 05:41 PDT BUCHAREST, Romania (AP) -- Legislators in Romania's governing party have mistakenly voted to reduce a sales tax on food to one-fifth its previous level. Tuesday night's unanimous vote in parliament... [via YahooNews] More >>

Sales tax slashed in Romania by mistake [Oct 20, 2010] (AP:BUCHAREST, Romania) Legislators in Romania's governing party have mistakenly voted to reduce a sales tax on food to one-fifth its previous level. Tuesday night's unanimous vote in parliament will certainly be popular with the public in a country deeply mired in a recession. [via YahooNews] More >>

Thousands protest in Romania [Sep 24, 2010] BUCHAREST (Romania) - SOME 6,000 policemen and jail wardens are protesting in Romania against wage cuts and austerity measures. Friday's protest is the third this week against the austerity package, which includes slashing public sector wages by a quarter and raising sales tax. [via YahooNews] More >>

Romanian central bank: Inflation rate to double [Jul 05, 2010] Romania's inflation rate will double by the end of the year due to a sales tax increase from 19 percent to 24 percent, central bank governor Mugur Isarescu said Monday. Central bank - Romania - International Monetary Fund - Isarescu - Government [via YahooNews] More >>

Romanian central bank: Inflation rate to double [Jul 05, 2010] (AP:BUCHAREST, Romania) Romania's inflation rate will double by the end of the year due to a sales tax increase from 19 percent to 24 percent, central bank governor Mugur Isarescu said Monday. [via YahooNews] More >>

IMF's Franks Urges Romania's Leaders to Continue With Austerity Measures [Jul 05, 2010] The International Monetary Fund is concerned the Romanian government, which cut wages and raised its sales tax last week amid protests, may be tempted to forgo further austerity measures as it tries to boost the economy, said Jeffrey Franks , the funds mission chief to Romania. [via YahooNews] More >>

IMF `Impressed' With Romanian Government's Deficit Commitment, Franks Says [Jul 03, 2010] The International Monetary Fund was very impressed with the Romanian governments commitment to its bailout agreement after it raised a sales tax to win approval, said Jeffrey Franks , the funds mission chief to the country. [via YahooNews] More >>

Romania to Get $1.15 Billion From IMF After Increasing VAT to Meet Targets [Jul 03, 2010] The International Monetary Fund agreed to disburse about $1.15 billion to Romania, which last week increased its sales tax to help meet deficit targets attached to a loan approved 14 months ago. [via YahooNews] More >>

Romanian currency at record low after tax hike [Jun 28, 2010] Romania's currency on Monday slumped to a record low after the government announced it would hike the sales tax to raise revenue. [via YahooNews] More >>

Romanian currency at record low after tax hike [Jun 28, 2010] Romania's currency has slumped to a record low a day after the government announced it would hike the sales tax to raise revenue. Romania - Government - International Monetary Fund - Business - Motion of no confidence [via YahooNews] More >>

Romanian currency at record low after tax hike [Jun 28, 2010] Romania's currency has slumped to a record low a day after the government announced it would hike the sales tax to raise revenue. [via YahooNews] More >>

Romania To Raise VAT To Secure IMF Loan [Jun 28, 2010] The Romanian government on Saturday decided to raise the sales tax to 24% after the country's top court last week ruled some austerity measures as unconstitutional. The court's decision is expected to delay the next installment of the International Monetary Fund aid package to the country. [via YahooNews] More >>

Romania offers to raise tax to 24 percent [Jun 26, 2010] Romania's prime minister says he will raise the country's sales tax to 24 percent but will not touch income tax in an effort to keep a multibillion dollar loan from the International Monetary Fund on track. International Monetary Fund - Income tax - Romania - Prime minister - European Union [via YahooNews] More >>

Romania offers to raise tax to 24 percent [Jun 26, 2010] Romania's prime minister says he will raise the country's sales tax to 24 percent but will not touch income tax in an effort to keep a multibillion dollar loan from the International Monetary Fund on track. [via YahooNews] More >>