Finance Ministry Mulls Capping Cash Payments For Real Estate Transactions To RON50,000

02.27.2014 By Gabriela Stan

The Romanian Finance Ministry considers limiting cash payments for houses or cars transactions to RON10,000, like in the case of cash payments between individuals, or even to RON50,000 for real estate transactions, Dan Manolescu, secretary of state with the Finance Ministry, stated Thursday.

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