Ruling coalition leaders agree 32 measures to combat economic crisis

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The leaders of the ruling coalition have agreed 32 measures meant to combat the economic crisis that are to be enacted starting September 1, PSD president Mircea Geoana said after the meeting of the Central Coordinating Political Bureau of the ruling coalition of Social Democrats (PSD) and Democrat Liberals (PD-L) on Monday.

One of the measures is to abandon the minimum tax from Jan. 1 and replace it with a lump sum tax for businesses such as restaurants and connected businesses, Geoana explained.
He announced the Romanian state will launch an issue of eurobonds in this autumn worth half a billion euros, with the money to be channelled to investments only.

Another agreed measure consists of working out a programme for the county revenues, while the Old Car programme will be extended to include tractors too.
The cost standards should be finalised by next week in the central administration as well, the Social Democrat leader added.

‘By next week, we expect that the standards be finalised for the central administration as well. They should be clearly defined by September 2, in order to be introduced in the future budget exercise’, he stressed.

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