On June 5, FinMin Teodorovici said that `the government sent letters to professional and business associations to get feedback on amendments to the Fiscal Code'. “At the end of the year we close this and starting 2019 nobody should touch these codes,” the FinMin added. Apart from the Fiscal Code amendments, Teodorovici added that legislation on tax evasion would also be updated this summer.
Days later, on June 11, in Ploiești Teorodovici presented one of the first changes: third country nationals’ wages that work in Romania to start from the minimum wage; average wage no longer mandatory.
Whereas on June 4 PM Dăncilă said that there is no plan on Pillar II, six days later, 0n Sunday evening, Minister of Labor Vasilescu announced that a final decision on Pillar II has been reached, namely, it will become optional. Minister Vasilescu added that a broad presentation on the advantages and disadvantages of the pillar will be presented to the public over the summer.
The Chamber of Deputies (decision-making legislative body) adopted the Draft Bill on the Sovereign Fund on Wednesday, June 6 (174 yeas, 98 nays, 3 abst.) The endorsement report issued by the Committee for Economic Affairs added a series of amendments, including the increase of capital contributions in cash to RON 9 billion and added 10 new entries to the list of companies included in the Sovereign Fund. PNL's Raluca Turcan announced that the NatLibs challenge the law at the Constitutional Court.
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