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Wednesday, July 16th

Romania wants to keep the position of European Commissioner for Agriculture

Elected President of the European Commission, Jean Claude Junker, will have, today, in Brussels, a first meeting with the EU Heads of State and Government, participating in an extraordinary summit dedicated to the priorities in the next five years and future appointments to other positions in the European institutions . In the current context, Romania wants to keep, in the future, the position of the European Commissioner for Agriculture - Romanian Foreign Minister Titus Corlatean said last night on Radio Romania News. Titus Corlățean: A priority of continuing the portfolio of agriculture is established, which is a portfolio with significant economic consequences, with a generous budget. Our best interest in the new cycle of the European Commission is for Romania to keep the portfolio which is relevant, important, reflecting the fact that our country has strengthened its profile, in the past two years in particular.

Péter Szíjjártó: The market in Romania has a major importance for Hungary

The market in Romania is of major importance in achieving the most important goal in the field of foreign affairs, as well as achieving a higher level in terms of percentage of exports by small and medium size enterprises, the State Secretary in the Hungarian Foreign Affairs and International Economic Relations Ministry, Péter Szíjjártó, at a press conference held on Tuesday in Budapest. After the meeting in Budapest of the Hungarian-Romanian Joint Economic Commission, Mr Szíjjártó announced that some decisions had been adopted which would increase the volume of trade between Romania and Hungary.

In Romania, tax evasion has reached a level that jeopardizes national security

In Romania, tax evasion has already reached a level that jeopardizes national security and the future of the country, Ionut Dumitru, President of the Financial Council, an organization of experts which is an independent counseling office, said Tuesday. According to experts, the level of tax evasion last year was equivalent to 16 percent of GDP and in the previous year was assessed at 13.8 percent of GDP. Value added tax (VAT) that generates most of the illicit trade, estimated at 12.2 percent of GDP. Out of the approximately 72 billion lei (16.2 billion euros) annually derived from VAT evasion, nearly 10 billion lei are generated by the food industry. There are some sectors of the economy, such as the meat industry, where the tax evasion exceeds even 80 percent, Mr Dumitru pointed out at a conference organized by the National Bank of Romania. The competent authorities manage to collect less than 60 percent of the due taxes and duties, mainly because bureaucracy, said the expert.

Natalia Polikarpov



RADOR News Agency - 16.07.2014 11:55