BRIEF CONSIDERATIONS ON THE NOTION OF INTEREST IN THE CONTEXT OF THE GOVERNMENT ORDINANCE NR.13/2011 ON THE LEGAL REMUNERATIVE AND PENALTY INTEREST ON PECUNIARY OBLIGATIONS
Keywords:
remunerative interest, moratory interest, cominatory interestAbstract
Legislation on interest can be characterized, for the recent times, by exaggerated dynamism. Of all the news generated by the recent adoption of legislation with significative impact on the legal regime of interest, we analyze in this paper only those on moratory, cominatory and remunerative interest.References
David, Vincent, Les interets de sommes d'argent, these, L.G.D.J., Paris, 2005
Viney, Genevieve, Jourdain, Patrice, Traite de droit civil. Les effets de la responsabilite, ed. a 2-a, L.G.D.J., Paris, 2001.
Dumitru, Maria, Legal regime of moratory interest, Law Publishing House, Bucharest, 2010.
The Decree- Law establishing interest rates and eliminating usury, published in the Official Gazette on 05.05.1938
Government Ordinance No. 9/2000 provides that "the interest means not only the amounts of cash under this title, but any other benefits, under any title or name, the debtor is pledged as equivalent to the use of capital.
Government Emergency Ordinance no. 119/2007 on measures to combat late payment obligations resulting from comercial contracts, published in the Official Gazette of Romania, Part I, no. 738 of 31.10.2007, repealed by Law no. 76/2012 on 02.15.2013.
Governmental Ordinance No. 13/2011 on the legal remunerative and penalty interest for monetary obligations as well as for the regulation of certain financial-fiscal measures in the banking sector, published in the Official Gazette of Romania, Part I, no. 607 of 29.08.2011, as amended by the Law no. 72/2013 published in the Official Gazette of Romania, Part I, No. 182 of 02.04.2013.
Law no. 72/2013 on measures to combat late payment execution of the pecuniary obligations resulting from contracts entered between professionals and between them and the contracting authority published in the Official Gazette of Romania, Part I, no. 182 of 02.04.2013.
