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BUDGET DEFICIT

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PM Citu: EC Accepts Romania’s Budget Deficit Return Below EU’s 3% Ceiling In 2024 As Principal Strategy
Macroeconomics

PM Citu: EC Accepts Romania’s Budget Deficit Return Below EU’s 3% Ceiling In 2024 As Principal Strategy

Prime Minister Florin Citu said Wednesday that Romania’s consolidated budget deficit returning below the European Union’s 3% ceiling in 2024 was accepted as principal strategy by the Europea...

Ecaterina Craciun · 02.06.2021 · 18:34 · 1 min
Romania Posts Budget Deficit of 1.28% of GDP in 1Q/2021
Macroeconomics

Romania Posts Budget Deficit of 1.28% of GDP in 1Q/2021

Romania's general consolidated budget posted a deficit of RON14.6 billion in the first quarter of 2021, or 1.28% of the gross domestic product, lower compared with RON18 billion, or 1.7% of...

Oana Gavrila · 27.04.2021 · 13:46 · 2 min
World Bank Sees Romania’s GDP Growing 4.3% In 2021 And 4.1% In 2022
Macroeconomics

World Bank Sees Romania’s GDP Growing 4.3% In 2021 And 4.1% In 2022

The World Bank expects Romania's economy to grow 4.3% in 2021 and 4.1% in 2022, after contracting 3.9% 2020, while the inflation is expected to grow to 3%, compared with 2.6% in 2020, per a...

Ecaterina Craciun · 31.03.2021 · 14:49 · 1 min
Romania Posts Budget Deficit Of 1.14% Of GDP In January-February 2021
Macroeconomics

Romania Posts Budget Deficit Of 1.14% Of GDP In January-February 2021

Romania's general consolidated budget posted a deficit of RON12.76 billion in January-February 2021, or 1.14% of the gross domestic product (GDP), finance ministry data showed Tuesday.

Ecaterina Craciun · 30.03.2021 · 10:47 · 2 min
Romania Posts 0.3% Budget Gap in January
Macroeconomics

Romania Posts 0.3% Budget Gap in January

Romania's general consolidated budget posted a deficit of RON3.69 billion in January, or 0.33% of the gross domestic product, finance ministry data showed Wednesday.

Oana Gavrila · 03.03.2021 · 12:17 · 2 min
Romania's GDP Growth Seen At 4.3%, Investments At Up To RON61B In 2021, PM Says
Macroeconomics

Romania's GDP Growth Seen At 4.3%, Investments At Up To RON61B In 2021, PM Says

Prime Minister Florin Citu said Wednesday that Romania’s economic growth is estimated at 4.3% and investments are expected to grow up to RON61 billion, per the 2021 state budget draft put up...

Ecaterina Craciun · 10.02.2021 · 18:23 · 1 min
Romania Ends 2020 with 9.79% Budget Deficit
Macroeconomics

Romania Ends 2020 with 9.79% Budget Deficit

Romania's general consolidated budget posted a deficit of RON101.92 billion in 2020, or 9.79% of the gross domestic product, finance ministry data showed.

Oana Gavrila · 28.01.2021 · 10:29 · 1 min
Romania Budget Deficit Widens To 8% Of GDP In January-November 2020
Macroeconomics

Romania Budget Deficit Widens To 8% Of GDP In January-November 2020

Romania's general consolidated budget posted a deficit of RON84.05 billion, or 8% of the gross domestic product (GDP), in the first eleven months of 2020, considering that RON43.66 billion (...

Ecaterina Craciun · 29.12.2020 · 14:48 · 2 min
Romania To Freeze Public Sector Wages At Dec 2020 Level, PM Citu Says
Social/Politics

Romania To Freeze Public Sector Wages At Dec 2020 Level, PM Citu Says

Prime Minister Florin Citu on Monday said the salaries of employees in the public sector would be frozen at the level of December 2020.

Ecaterina Craciun · 28.12.2020 · 22:15 · 1 min