Finance minister on fiscal amnesty: we’re not writing off the debts of our party members

Anca Alexe 24/07/2018 | 08:19

The fiscal amnesty is conceived as a way to unblock a part of the economy, not as a way to erase the debts of certain party members, according to Finance minister Eugen Teodorovici, who added that the last fiscal amnesty he conducted as a minister in 2015 didn’t write off his own debts, and that he paid his dues to the last penny.

Teodorovici says the fiscal amnesty would unblock an important part of the economy as data shows that of the RON 100 billion the state is owed, only RON 17 billion are recoverable.

He highlighted the fact that many state companies are stuck in historical debts that they can’t pay back, and that Romania can obtain an agreement from the European Commission in order to be able to write off non-recoverable debts.

The minister also said that those who are thinking of no longer paying their taxes waiting for a fiscal amnesty are making a mistake, because that is not how the measure will be applied.