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Tax on greed on bank assets as of 1 January put forward by gov't, with rd 3 bl lei impact

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The government puts forward as of 1 January 2019 a duty called "tax on greed" on the financial-banking institutions, in case the 3-month and 6-month interbank offered rate ROBOR, which serves as benchmark for floating-rate loans in lei go over a certain value, the impact of such measure being able to reach 3 billion lei (rd 645 million euro, ed. n.), on Tuesday announced at the , the Pubic Finance Minister Eugen Teodorovici. 
"It is proposed that a duty be applied as of 1 January on the financial and banking institutions' assets, called the tax on greed, because it is the…

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