BUDGET
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Boc: 2012 Budget Needs New GDP Growth, Deficit Estimates
Romania's Government has completed the draft of next year's state budget, but it will be sent to Parliament after the European Commission (EC) announces the economic growth forecast and afte...
UniCredit: Romania’s Funding Needs To Leap By 34% Next Year
Romania’s funding needs will remain high next year, as UniCredit analysts estimate it will reach EUR22.4 billion, EUR5.7 billion (34%) higher than this year.
Senate Approves 2012 Draft Budget Of RON107M
The Romanian Senate on Monday approved its next year’s draft budget, which is 20 million lei (about EUR4.62 million) higher than the sum proposed by the Government.
Can A VAT Cut Be Considered When Drafting The 2012 Budget?
The first discussions on the draft budget for 2012 bring about the first scenarios. The Government is due to send the draft budget for 2012 to Parliament by October 15th, at a time when econ...
Romania Budget Deficit Widens To RON12.9B In August
Romania’s consolidated budget posted a deficit of 12.97 billion lei (EUR3.01 billion) in the first eight months, equal to 2.4% of the gross domestic product, Finance Ministry data showed Mon...
A Budget Deficit Close To Zero May Be Romania’s Best Defense Against International Turmoil
The persistence of the crisis for several years is not an impossible scenario and it could force the Romanian government to discuss the budget deficit level again and even try to bring it do...
Mission-Impossible For 2012: Deficit Control In The Absence Of EU Funds
There are about three weeks left until government needs to send next year’s budget to the Parliament, but the Finance Ministry still does not know what macroeconomic indicators to use in 201...
Health Ministry Budget Raised By RON150M - Draft
The Romanian Health Ministry's budget might be increased by 150 million lei (EUR35 million), from the Government's reserve fund, to fund unpaid drugs and sanitary items, according to a draft...
BNR Official: Budget Gap To Miss 2012 Target, Even In Best-Case Scenario
Romania's budget deficit next year will exceed the target of 3% of GDP, even in an optimistic scenario in which the economy would grow by 4%, says central bank chief-economist Valentin Lazea...