BUDGET DEFICIT
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Romania's New Finance Minister Skeptical About 2019 Budget Deficit Target
Romania's new liberal finance minister Florin Citu said Tuesday he was not convinced the country's budget deficit can stay within the EU limit of 3% of gross domestic product this year since...
Eurostat: Romania’s Government Deficit At 3% Of GDP In 2018
Romania ran a government deficit of 3% of the gross domestic product in 2018, Eurostat data showed Tuesday.
Fitch: Romanian Politics Could Complicate Economic Policy; Deficit Seen at 3.4% of GDP
The break-up of Romania's governing coalition increases political uncertainty ahead of a busy electoral calendar and amid a backdrop of rising macroeconomic imbalances, Fitch Ratings said in...
Romania Posts Budget Deficit of 1.4% of GDP in Jan-May
Romania's general consolidated budget posted a deficit of RON14.7 billion in January-May, or 1.4% of gross domestic product, finance ministry data showed.
Eurostat: Romania's Government Deficit at 3% of GDP in 2018
Romania ran a government deficit of 3% of gross domestic product in 2018, Eurostat data showed Tuesday.
Unicredit Bank: Romania May Have Trouble Keeping Budget Deficit Under 3% Of GDP In 2019-2020
Romania is facing a difficult end of the economic and electoral cycles and political and fiscal risks will probably increase in 2019-2020, according to Unicredit Bank analysts who also think...
Romania Posts Budget Deficit of 2.88% of GDP in 2018
Romania's general consolidated budget posted a deficit of RON27.3 billion in 2018, or 2.88% of gross domestic product, below the government's target of 2.97% of GDP and the EU limit of 3%, f...
Romania's Budget Deficit at 2.2% of GDP in Jan-Oct, Finance Minister Says
Romania's consolidated budget posted a deficit of 2.2% of gross domestic product in January-October, finance minister Eugen Teodorovici said Tuesday, adding the country won't exceed the 3% d...
European Commission Urges Romania to Adjust Ballooning Public Deficit
Romania's public deficit is seen reaching 3.3% of gross domestic product this year and the European Commission recommends an annual structural adjustment of at least 1% of GDP in 2019.