Weekly Policy and Political Report, July 11- 18, 2016
Prime Minister Dacian Cioloș spent one week touring in Asia, in an official meeting to Vietnam and Mongolia. In his speech at the Asia-Europe Meeting (ASEAM) hosted in Ulan Batar, Cioloș presented Romania as a possible hub for Euro-Asian interconnectivity projects, pointing out at the freight infrastructure, energy and cultural ties. The Prime Minister also attended an informal meeting of EU leaders present at the summit that addressed the coup in Turkey. Alongside EU leaders, Cioloș condemned the use of violence in Turkey, while expressing his support for the constitutional order of the Turkish republic. 


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Progress Report on Fiscal Policies, July 11 - July 15, 2016
Over the past week, two Orders bearing fiscal weight were published in the Official Gazette. On Friday, July 15, two orders announcing changes in the VAT registration procedure were published in the Official Gazette. Order no. 2048/2016 of the ANAF President delivered the final version of Form 088, an update to the previous form that was severely criticized by the local business environment and taxation specialists. ANAF also published another Order (No. 2037/2016) approving the biannual/annual fiscal period for VAT-registered entities, as well as Form 306 for the fiscal calendar. The simplification of Form 088 was among the most demanded policy changes recorded by the Government's "Paper Shredding Committee".


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Weekly Policy and Political Report, July 4 - 11, 2016
The first week of July brought new changes in the central public administration, with PM Dacian Cioloș appointing four new Ministers to run the portfolios of Education, Transports, Communications, and Relations with Romanians Abroad. The new Ministers were tasked with speeding up the delivery of already initiated projects, given the Prime Minister’s results-oriented approach. The upcoming months are expected to be quite busy for PM Cioloș and his Cabinet, especially since the Ministers might skip their holiday and continue their activity, in light of the Prime Minister’s recent recommendation that the rest of the Cabinet should not take a vacation, due to the short term the Government has left in office.


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Progress Report on Fiscal Policies, July 4 - July 8, 2016
The following months are expected to be quite eventful for the Government, in light of the recent announcement that their activity will continue all throughout the summer. Over the course of the past week, the Government presented "Competitive Romania", a document setting the course of Romania's economic strategy for the years to come. The document is intended as a strategy and is aimed to ensure a sustainable economic growth, which would result in the convergence between the level of the GDP per capita in Romania and in other European countries. According to this plan, economic growth from 3% to 5% during a year should be attained by capitalizing on GDP's components such as capital, labour force and productivity.   


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Weekly Policy and Political Report June 27 - July 4
Last week proved to be a busy time for the Executive, with no less than 19 Emergency Ordinances passed during their weekly sitting. With the Parliamentary summer recess officially starting on Friday, July 1st, the Government is only allowed to issue simple ordinances on a tight list of matters throughout the summer, until MPs resume their activity in September. Therefore, during Tuesday’s sitting, the Government passed a significant number of Emergency Ordinances on matters that otherwise could not have been regulated over the summer. The Government also announced their plans for the Romanian economy in a post-Brexit EU, as well as new rules for the corporate governance of state-run companies.


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