BUDGET DEFICIT
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EU Warns Romania’s Budget Deficit Will Widen To 2.8% Of GDP In 2015
Romania’s government will need to increase taxes or cut expenditure else the budget deficit will expand to 2.8% of the gross domestic product next year, when revenue is expected to go down f...
Romania’s Budget Deficit Slightly Up To 0.24% Of GDP In August
Romania’s government deficit slightly rose to 0.24% of the gross domestic product after the first eight months, from 0.2% of GDP at the end of July, as budget spending continued its downward...
Romania Posts Budget Deficit Of RON3.1B In January-February
Romania’s consolidated budget posted a deficit of 3.1 billion lei (EUR693 million) in the first two months of 2014, equal to 0.46% of the gross domestic product, Finance Ministry data showed...
Romania Runs RON1.5B Budget Surplus In January
Romania’s consolidated budget posted a surplus of 1.5 billion lei (EUR228 million) in January, equal to 0.23% of the gross domestic product, Finance Ministry data showed.
Ponta: Budget Deficit at 2.5% Of GDP, Economic Growth Higher Than Estimated In 2013
Romania posted a budget deficit of 2.5% of the gross domestic product in 2013, while the economic growth was slightly higher than estimated, Prime Minister Victor Ponta said Monday evening.
Romania’s Budget Deficit Barely Kept Within The 3% Target In 2012
Romania's 2012 budget deficit was barely kept within the target of 3% of the gross domestic product agreed upon the international financial partners, under the European System of Accounts (E...
Mutual Funds Financed Romania’s Budget Deficit By Over RON6B
Mutual funds financed Romania’s budget deficit by purchasing treasury bonds worth more than 6 billion lei (EUR1.35 billion), which translates into almost half of RON12.5 billion worth of ass...
EC: Romania, One of Three "Evident Candidates" For Exiting Excessive Deficit Procedure
Romania, Latvia and Lithuania are “evident candidates” for exiting the European Union’s excessive deficit procedure, European Commissioner for Economic and Monetary Affairs Olli Rehn told a...
EU Warning: Arrears, Little Progress With State-Company Restructuring May Pressure Romania’s Budget
Local government arrears and limited progress with restructuring Romania’s state-owned companies could result into renewed pressure on the country’s state budget, the European Commission war...