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June 23, 2021

ANAF unblocks TVR accounts after public television pays outstanding debt

The National Tax Administration Agency (ANAF) on Friday unblocked the accounts of the TVR national public broadcasting corporation after TVR serviced an outstanding public debt, TVR reported in a press statement.

ANAF blocked the accounts to retrieve RON 10.3 million. The outstanding debt was paid up and TVR submitted proof of payment to the Foreclosure Office of ANAF so that its back accounts may be unblocked.

ANAF on July 20 blocked the operational accounts of TVR because of outstanding public debts. TVR’s total outstanding tax debt is standing at nearly RON 456 million.

TVR’s Administration Board has taken several measures to cap spending and serve up the debt. In its meetings of July 21 and July 28, the board decided to close TVR News channel on August 1; merge the News Department with the Sports Programmes and News to cut senior management positions, reduce subsidised trips and other cost-generating activities as well as short working in August 1- December 31, 2015 and initiating consultations with trade unions of staff restructuring and downsizing.

Among other measures taken by the administration board of TVR are cutting by up to 75 per cent the money for services contracts, definite employment contracts and contracts where a pension and a wage are drawn together; cutting by an average 20 per cent the author and related rights; discarding production of programmes that generate big costs; cutting current expenses; drawing funds and taking part in the conduct of editorial projects and renegotiating commercial contracts.

The TVR management is said to continue to look for further cost cutting measures that will restore financial balance and help pay up the outstanding debts, according to TVR’s press statement.

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