Iohannis asks the government to change its mind about the new tax bill: Puts the economy in chaos / Introduces a new concept, the greed of greed, the greed of
Iohannis asks the government to change its mind about the new tax bill: Puts the economy in chaos / Introduces a new concept, the greed of greed, the greed of the PSD
President Klaus Iohannis has urged the Government to „change its minds” on the new tax bill that he said „chaos the economy” and is „a serious concern for all Romanians.” The head of state commented that the government’s move is proof that it is „a problem with the budget”.
AFEER: All Romanian energy suppliers will go bankrupt if they pay taxes of 3% of turnover
All Romanian energy suppliers will disappear from the market if they are forced to pay a 3% tax on turnover and only those supported by multinationals will be able to survive, said Ion Lungu, president of the Association of Electricity Suppliers from Romania (AFEER), in a press conference. „The impact is disastrous, all Romanian small suppliers will go bankrupt and only the big ones who are part of multinationals can survive. Competition will disappear and the price will increase,” Lungu said. According to him, consumers will be the ones who will ultimately bear all these taxes, which will be reflected in the price of energy.
Minister of Finance: We propose limiting gas prices from domestic production to 68 lei / MWh by February 2022
The government is considering capping the price of natural gas from domestic production to 68 lei / MWh for a period of three years until February 2022, Minister of Public Finance Eugen Teodorovici announced at Victoria Palace.
How does the Government destroy energy affairs by controlling prices, a measure specific to the communist countries
The draft of the Ministry of Finance on the fiscal regime to be applied from 2019 also includes articles setting up state control over electricity and natural gas prices. State intervention in the free market is a measure specific to the communist states and in total contradiction with the principles of a market economy and free competition. In the case of electricity, the Dăncilă Government wants to impose regulated prices for household consumers. For natural gas, prices will be lowered and then capped. Companies, even state-owned, will be severely affected, and the consequences for the whole economy can be really dramatic.
Electricity price paid by consumers increases by 6% following an ordinance imposing a 3% tax on the turnover of energy companies
The tax on the turnover of the energy companies that the PSD Government wants to introduce will ultimately be paid by all electricity consumers sooner or later. Electricity bills paid by Romanian consumers will increase by at least 6% if the Government introduces a 3% tax on the turnover of all energy companies, according to the AFEER’s Association of Electricity Suppliers. On the other hand, the Ordinance reintroduces the three-year, regulated energy-market concept of energy in 2019. According to him, consumers will be the ones who will ultimately bear all these taxes, which will be reflected in the price of energy.