DAIANU
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Fiscal Council Head Warns Pension Hike Could Push Budget Gap to 8% in 2022
Romania's new pension law, which would raise public pensions by 40% starting September 2020, complicates budget construction for the next years and would take social assistance spending from 10.6% of GDP in 2019 to 14.35% of GDP in 2020, said Daniel Daianu, he...
Daniel Daianu Elected Head of Romania's Fiscal Council
Daniel Daianu has been elected president of the Fiscal Council following the vote of council members on July 16.
Romania Will Need Plan B If Greece Exits Euro Zone
Finance ministries and central banks also work with scenarios that consider the exit of Greece from the euro zone and Romania should have a plan B for a prospective bankruptcy of Greece, in...
BNR Has Scope For Monetary Easing, Former FinMin Says
The lower inflation could give Romania’s central bank enough room to ease its monetary policy rate, even if not by much, analyst and former finance minister Daniel Daianu said Wednesday.