Several articles of OUG 114 will be repealed

Romanian Government will prepare a bill for repealing several articles of Emergency Ordinance (OUG) 114, provisions that have affected "in an extremely negative way" the business environment, Prime Minister Ludovic Orban said on Friday.

"In the case of any kind of law-making that concerns the business environment, our intention - be it in the fiscal environment, or in any specific field - is to carry out prior consultations (...) I even discussed with my colleagues to prepare an amendment bill for OUG 114 to repeal most of the articles - in the field of energy, in the field of pension funds, in the financial-banking field, overcharging in communications, the ghostly Investment and Development Fund ", said Orban.

Source:RRA.Translated by Miruna Matei