The new anti-crisis programme has been unveiled by theGovernment, but it is still a "draft", at least that is whatofficial statements suggest, but a few main directions emerge: theinvestment fund for the relaunch of the economy will be separatefrom the budget; companies will first pay the principal of anoverdue debt to the budget, the number of fiscal statements will bereduced, and a new mechanism will be introduced, to compensate forthe VAT owed to the state.
Romanian Prime Minister Emil Boc said yesterday: "We will allowpayment of the principal to be made first, instead of the interestrates and penalties, when repaying debt to the fiscal authorities.The current practice is that when you are in debt, you first paythe penalties, while the principal of the debt continues togenerate penalties, which leads to insolvency (...)."
According to Boc, the Government is also looking into thepossibility of introducing a means to compensate for the VAT that acompany is required to pay to the state by means of the VAT arrearsowed to it by the state.
The major novelty of this relaunch plan is the future creationof a national investment fund, which will include minority stakesof the state in various companies.
Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels
