The announcement coming from the Victoria Palace, according to which Romania must be prepared for a recession at any time has drawn some alarm signals. However, the measures taken by the Bolojan Government remain criticized by the members of the parties, and the warning of the minister Alexandru Nazare divides the opinions more.
The Bolojan government is preparing the second pack of Inquam / Octav Ganea photo measures
“We must be prepared at any time for recession and anticipate this,” It is the warning launched by the current liberal minister of the economy, Alexandru Nazare, in a press conference.
The statement did not scare the governorship colleagues or those in the opposition. On the contrary, accusations flow on different measures that they are not suitable in such a moment. “If we want Romania not to enter the recession, we must rely on investments. Investments in large infrastructure, but also those in the Anghel Saligny program, must continue, to create multiplication effects and increase the potential of the Romanian economy“Writes former Prime Minister Marcel Ciolacu on his Facebook page.
For his part, former Social Democrat Minister Adrian Căciu says that the current situation “It could have been avoided, by accepting that progressive taxation, which had no effect on the economy. But it was not desired, it wanted to increase VAT”: “We announced that it will be a contraction of consumption and we still do not feel very strong, we will feel it from September. Given that you have already caused a recessionist impulse, in order to counteract you must stimulate the economy. If the Government understands that it has to take measures to increase the aggregate demand and that means to stimulate the investments, well, if not, we talk to the Bolojan Government, to understand that it is not just a deficit, it is about what you do tomorrow in the country. The deficit can be repaired over time ”, supports Căciu.
In view of the obligation to decrease the deficit, former minister Adrian Căciu points out that “Negotiation of the European Commission can lead us to a higher deficit than the one employed last year. Because, practically, that deficit last year told us that we will reach seven. Leaving a hypothesis that we will close last year. We closed at 9.3. The European Commission knows this and everything is negotiated.”
“They started through tax increases and now the pressure on the Romanian state is much lower” – Claudiu Năsui (USR)
From USR, former Minister of Economy Claudiu Năsui points out that the main issue “It is that they started with tax increases and now the pressure on the Romanian state is much lower. The taxes have increased, the deficit keep it in control, I do not know if it will decrease it in the end, yes? So the mayors to accept is lower now.”
On the other hand, from PNL, Florin Roman, is of the opinion that there is a communication problem in the Bolojan government. “I think, first of all, it would have needed a much more consistent dialog. Because, I give you one example: I saw that it was initially leaving 20% of the total number of employees on the local public administration. After they met with the representatives of the associations of mayors, secretaries, generals and so on, they did not reduce the number, Only an example that if you discuss, listen to other opinions, you see, in fact, how things are in reality and you reach solutions that are accepted, safe with weight, but they are accepted ”, explains the Liberal.
The parliamentarian also emphasizes that the modification of the way of taxation of the multinationals was initially rejected by the executive leaders in the first package of fiscal measures, after proposing it in an amendment in the same form in which it is presented today.
Is Romania in the right direction?
The former USR minister points out that the situation could be avoided, but today, Romania still goes in the “wrong direction”, being right on a “aggravated” road:
“Basically we have an increase 0 and under these conditions the government comes and still blows all the private environment and all the entrepreneurs. We also hear the new measures that the Ministry of Finance, Mr. Nazare, said that we make the reform of the companies. In the campaign it was the reform of the state companies, the state companies We go in total in the wrong direction. That is, the state to give a mouthful of oxygen to the economy, to leave more money in the market to survive the companies, to produce value and then to pay taxes from that value, to no longer finance the state from the debt, but from the taxes it takes on an economy that goes better, they are the other way around. We take as much as we can, we put additional layers of bureaucracy and this is just the last news. They also have this, that you are no longer allowed to sell companies that have debts to the state ”, Roman shows.
The measures taken now are a “copy-paste” of those from 2007-2009, says the former minister: “I think they are the same people from ANAF who have advised and then and now. Only additional bureaucracy without any result. There was no result from bureaucracy.”
The situation can still be saved, says the Social Democrat Adrian Căciu, but the measures are different: “From my point of view, we can still avoid it. If we wake up, we are in the 12th hour. Mr. Bolojan, if he does not know economy, we are willing to help him understand. (…) The measures must be to stimulate the aggregate demand.
The problem of investments in Anghel Saligny
Regarding the stopping of projects in Anghel Saligny, the PSD is primarily punctuated. UDMR Minister Cseke Atilla emphasizes that PNR -financed sites that are already open will continue to receive funds, but projects without contracts and start orders will no longer be launched.
“The PNRR does not stop, the investments that are ongoing are not stopped, the funds financed from the PNR do not stop. The investments that have not started so far are not started,” says Cseke Attila.
“Recession is something else. They probably have more accurate data” – Florin Roman (PNL)
Critics come from gold. The leader of the gold senators, Petrişor Peiu, accuses the measures for multinationals encourages companies to hide some of the profit through fiscal optimization mechanisms. “What does the Minister of Finance say? That he wants to replace the minimum 1% tax on the turnover of multinational companies with another type of tax: 16% for fiscal optimization of over 3% of the turnover. Where does that 3% threshy come from, nobody tells us”, Writes Petrișor Peiu in a Facebook post.
Regarding the warning from Victoria Palace, the liberal Florin Roman, however, points out that the definition is far from the moment we are now: “Recession, from the point of view, of the definition, means everything else. I, as far as I know, have an economic growth of 0.1% as much as it is. And when we have successive decreases then we technically discuss this. Until then, it seems to me that we are playing with words. Probably the people have more accurate data. “
The main provisions of package 2 of fiscal measures
The Minister of Finance, Alexandru Nazare, presented the main fiscal measures on Wednesday to be applied in the next period, among which the replacement of the tax of 0.5% on the turnover of multinational with the tax on outsourced profit, the imposition of 25 lei per package from the extra -community space in Romania, if it has a value of less than 150 euros; The obligation of companies to have a bank account, given that almost 700,000 companies with huge state debts have neither card nor bank account; The imposition of a share capital of 8,000 lei at the establishment of a SRL and several other measures for the efficiency of ANAF, meant to improve the collection and tax checks.
In the project put into public debate on Thursday, it is expressly stipulated, that the obligation to increase the share capital 40 times, from 200 lei at present, to 8,000 lei, also refers to the current SRL, these having a transitional period of 2 years, and if they are not subjected.
Economists and analysts, consultants, accountants and lawyers consulted by “Adevărul” have criticized the Mars of these measures one by one, showing that “Romania is in a much more difficult situation from an economic point of view than in the previous crisis in 2009, and the austerity measures imposed by the governors in Package 2 fiscal measures are far to solve the problem As long as the state continues to spend more than allows itself ”
