login
login

Europe Daily Bulletin No. 11100

14 June 2014
Contents Publication in full By article 12 / 33
ECONOMY - FINANCES - BUSINESS / (ae) romania
Bucharest clashes with IMF over tax cuts

Brussels, 13/06/2014 (Agence Europe) - The Romanian government has clashed with the International Monetary Fund (IMF) over the government's plans to cut taxes paid by employers.

To encourage job creation, Victor Ponta's government wants to cut social security contributions paid by employers by 5% next month.

The IMF says this is not affordable because it would hinder budget consolidation. For this reason, the IMF monitoring mission that has been in Romania since 1 June (along with the...

Contents

SECTORAL POLICIES
ECONOMY - FINANCES - BUSINESS
INSTITUTIONAL
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU
CALENDAR OF EVENTS