Interest Taxonomy in the Current Legislative Context

In a relatively short period of time several laws were adopted that have had a significant impact on the legal regime of interest. We consider, in chronological order of their entry into force, the Government Ordinance nr.13/2011 on the legal interest and penalties for remunerative monetary obligations and regulating certain financial-fiscal measures in banking, The new Civil Code, Law nr.72/2013 on measures to combat late payment of the obligations resulting from contracts between professionals and between them and the contracting authorities and the new Code of Civil Procedure. In this legal frame we propose to identify what are the main types of interest and to realize a taxonomy for them.