DEFICIT
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EC Maintains 4.5% GDP Growth Forecast, Excessive Deficit Risk For Romania in 2018
The European Commission maintained its economic growth estimate at 4.5% of GDP for Romania this year and sees the country's budget deficit widening considerably due to public sector wage inc...
Romania Posts Budget Surplus Of RON1.9B In January, Deficit Of RON5.5B In February 2018
Romania's general consolidated budget posted a deficit of RON5.5 billion, or 0.59% of gross domestic product, in January and February 2018, finance ministry data showed Monday.
Romania Current Account Deficit Widens To EUR6.46B in 2017
Romania's current account balance posted a deficit of EUR6.46 billion in 2017 compared with a deficit of EUR3.49 billion in 2016, central bank data showed Tuesday.
Romania Posts Budget Deficit of 2.88% of GDP in 2017
Romania's general consolidated budget posted a deficit of RON24.3 billion, or 2.88% of gross domestic product, below the EU-limit of 3% and below the government's target of 2.96% of GDP, fin...
Romania Posts Budget Deficit Of 1.21% Of GDP In January-November 2017
Romania's general consolidated budget posted a deficit of RON10.2 billion in January-November 2017, or 1.21% of the gross domestic product (GDP), which proves Romania falls within the defici...
Romania Posts Current Account Deficit of EUR5.3B in Jan-Oct
Romania's current account balance posted a deficit of EUR5.3 billion in January-October, compared with a deficit of EUR2.83 billion in the same period the year before, central bank data show...
Ecofin Council: Romania Must Correct Significant Budgetary Deviation Until April 15, 2018
The Economic and Financial Affairs Council (ECOFIN) of the European Union found that Romania has failed to take effective action to correct a significant budgetary deviation and has set Apri...
Romania Posts Budget Deficit Of 0.79% Of GDP In January-October 2017
Romania's general consolidated budget posted a deficit of RON6.6 billion in January-October 2017, or 0.79% of the gross domestic product (GDP), finance ministry data showed Tuesday.
Romania Posts Budget Deficit Of 0.81% Of GDP In January-September 2017
Romania's general consolidated budget posted a deficit of RON6.8 billion in January-September 2017, or 0.81% of the gross domestic product (GDP), which proves Romania falls within the defici...