December 30, 2023 UPDATE
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Newsroom, 30.12.2023, 19:28
INVOICING Electronic invoicing will become compulsory in Romania as of January 1 for all B2B transactions. The system entails benefits particularly in terms of curbing VAT frauds, the finance minister Marcel Boloş told a press conference. He also said that those who will not use the e-Invoicing system may receive penalties of 3 to 10 years in prison, if the new law on fighting economic and financial crime passes the Constitutional Court review. The authorities count on additional revenues of EUR 1 bln. Minister Boloş also said that in December the national tax authoritys directorate for large taxpayers secured a record-high total of EUR 3.2 bln in state budget revenues. In fact, this month was also exceptional in terms of revenues from EU funding, which exceeded EUR 2.6 bln.
INSURANCE The government extended a cap on the price of compulsory motor insurance policies, which will stay at the level in February 2023 until March next year. The cap will stay in place for as long as it is necessary for market regulation, but in 3-month stages, the government spokesman Mihai Constantin announced. The Cabinet also passed a bill making insurance compulsory for electric bikes and scooters, but exempting electrically powered wheelchairs used by people with disabilities from compulsory insurance.
POLICE Close to 24,000 interior ministry staff will be on duty during the 4-day New Years holiday, while road traffic will be monitored by 360 radar speed guns and DUI check teams. Also, around 5,000 fire-fighters are on duty every day around the country, to provide emergency assistance if necessary. The border police also took steps to enhance border monitoring and to streamline vehicle and person transit at checkpoints. Meanwhile, the authorities announced having seized over 100 tonnes of fireworks kits and opening more than 500 criminal investigations in this respect, and have once again called on parents not to buy firecrackers for their children as such materials may be extremely dangerous.
POLL The activities carried out part of the Timişoara – European Capital of Culture 2023 programme, including the Constantin Brâncuşi exhibition, received the most votes (29%) to be designated the event of the year 2023 in Romania, in a survey carried out by the Romanian Institute for Evaluation and Strategy (IRES). According to the poll, the second event that marked Romania in 2023 was the qualification of the national football team to the final tournament of the European Championship – UEFA EURO 2024, which will take place next summer in Germany (24% of responses). Regarding culture and free time, 58% of the survey respondents said that they read at least one book in 2023, and 41% that they also bought books, 36% went to a show, and 20% went to a stadium or attended a sports competition. More than three quarters of the survey participants (76%) stated that they went to church this year.
UKRAINE Fridays massive Russian strikes on Ukraine, which killed at least 30 people and wounded over 160 others, are “appalling assaults” the UN deputy secretary general Mohamed Khiari said in a Security Council meeting in New York. Ukraines president Volodymyr Zelenskyy described the situation as the largest Russian air attack since the start of the war, with close to 160 missiles and drones hitting a maternity ward, educational facilities, and other industrial, military and civilian targets. NATO member Poland also reported the violation of the Polish airspace by a Russian missile. The strikes triggered large-scale international condemnation, with the US president Joe Biden calling on Congress to take immediate steps to send fresh aid to Kyiv. Meanwhile, Russias ambassador to the UN Vasily Nebenzya blamed the toll on the misuse of Ukraines air defence systems, “the use of which has led to the deaths of civilians.” (AMP)
