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NBR on levying additional taxes on banks: We will abide by the European decision

Autor: Liviu Chiru

10.11.2010, 23:50 17

The notion of levying additional taxes on banks considered to beresponsible for setting off the current international crisis, whichis starting to crystallise among EU decision makers, is regardedwith detachment by NBR's first deputy governor Florin Georgescu,who merely said Romania would abide by the European decision.
"We only see this idea as something that will be decided at theEuropean Union level. Our country does not carry as much economicweight as EU leading countries do, so it cannot influence such adecision very much. European decisions will also apply in Romania,"Georgescu said at the seminar EU-Cofile, organised in Sinaia by theNBR in partnership with the Romanian Banking Association (ARB) andAlpha Bank.
Supplementary taxation of banks is seen as a means to helprebalance the fiscal system, given that many European countrieshave had to bail out banks considered of systemic importance.