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    BUCHAREST, (9 feb 2010)

    Romania Fin Min: People Holding Farming Lands In Vain Should Be Sanctioned

    Romania’s Finance Minister Sebastian Vladescu said Tuesday, at the opening bell of the Bucharest Stock Exchange, that people who own farming lands but don’t use them should be sanctioned.

    Romania Fin Min: People Holding Farming Lands In Vain Should Be Sanctioned

    Vladescu said he hasn't yet talked to Agriculture Ministry officials about levying taxes on farmland, adding, however, he backs the idea of sanctioning all those who own farming lands and don't use them.

    "I haven't yet discussed the issue with the agriculture minister, but I want people who own farming lands and never use them sanctioned. I am in favor of levying taxes on farmland and, in all likelihood, people who don't work their farming lands will be sanctioned. I totally agree with sanctioning these people," said Vladescu.

    Owners of farming lands located outside town currently pay an annual tax of 36 lei (EUR1=RON4.1298) up to RON43 per hectare, and the money goes to local budgets.

    In January this year, Vladescu said currently there is no talk about levying new taxes in the country's agriculture sector, but he voiced the dire need to levy taxes on unregistered farmland.

    He also said at the time that bottlenecks in the agriculture sector don't go down to the level of taxes, but the way they are collected.



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