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The year 2019 was the year of Ordinance 114, because of which we saw a deficit of 3.57 per cent in November last year and which will also impact 2020, Mihaela Mitroi, Partner within the Tax and Law Department of EY Romania said.
She said a series of directives appeared in the EU to be implemented in Romania as well, mentioning the EU Whistleblower Directive, "a nice term for denunciators."
"We are talking about an European Directive to be transposed in Romania by 2021 or, with certain derogations, by 2023. These persons, the whistleblowers, are basically us, all of us. For any of us: employees, persons who are not necessarily employees, but hold information about EU norms being violated, and not just related to tax matters," said Mihaela Mitroi.
The EY official explained aspects related to the environment, consumer protection or public procurement can be reported. Romania needs to create a series of procedures in the next interval and reporting conditions for these persons.
