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ROMANIA-ECONOMY/INTERVIEW
RTR3K9O6
April 07, 2014
Romania's Finance Minister Ioana Petrescu gestures during an interview with Reuters in Bucharest April...
Bucharest, Romania
Romania's Finance Minister Petrescu gestures during an interview with Reuters in Bucharest
Romania's Finance Minister Ioana Petrescu gestures during an interview with Reuters in Bucharest April 7, 2014. Romania will scrap the tax on profits that companies reinvest in the country and cut some other levies to help create jobs and secure economic growth of around 3 percent this year, the finance minister said on Monday. The government will also reduce firms' social security payments by 5 percentage points, slash value-added tax on certain foods and, once it can afford to, introduce a lower income tax rate for low earners, Petrescu told Reuters in an interview. REUTERS/Bogdan Cristel (ROMANIA - Tags: BUSINESS)
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