Newsletter January 2019

New fiscal and budgetary measures – O.U.G. 114/2018

O.U.G. no. 114/2018 regarding the establishment of measures in the field of public investments and fiscal-budgetary measures, the modification and completion of some normative acts and the extension of some terms published in the Official Gazette no. 1116 has a major impact on key areas such as energy security, the banking industry, the telecommunications industry, the long-term stability of private individuals’ accumulation in private pension funds, the construction industry, and interest rates on government securities.

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