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DEFICIT

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Romania, Among EU Countries With Government Deficit Equal To Or Higher Than 3% Of GDP, In 2016
Macroeconomics

Romania, Among EU Countries With Government Deficit Equal To Or Higher Than 3% Of GDP, In 2016

Romania (3.0%), France (3.4%) and Spain (4.5%) had a government deficit equal to or higher than 3% of GDP in 2016, and the lowest ratios of government debt to GDP were recorded in Estonia an...

Ecaterina Craciun · 23.10.2017 · 14:25 · 1 min
Romania Posts Budget Deficit of 0.78% of GDP in January-August
Macroeconomics

Romania Posts Budget Deficit of 0.78% of GDP in January-August

Romania's general consolidated budget posted a deficit of RON6.5 billion in January-August 2017, or 0.78% of the gross domestic product (GDP), finance ministry data showed Tuesday.

Oana Gavrila · 26.09.2017 · 09:08 · 1 min
SME Council: Planned Fuel Excise Hikes Won’t Solve Deficit Problem Or Balance State Budget
Macroeconomics

SME Council: Planned Fuel Excise Hikes Won’t Solve Deficit Problem Or Balance State Budget

Romania’s National Council of Romanian Small and Medium-sized Enterprises, or CNIPMMR, on Monday said the planned increase in excise duties on gasoline and diesel gas will not solve deficit-...

Ecaterina Craciun · 04.09.2017 · 16:50 · 1 min
Romania Posts Budget Deficit of 0.77% Of GDP In January-June 2017
Macroeconomics

Romania Posts Budget Deficit of 0.77% Of GDP In January-June 2017

Romania's general consolidated budget posted a deficit of RON6.3 billion in January-June 2017, or 0.77% of the gross domestic product (GDP), finance ministry data showed Wednesday.

Ecaterina Craciun · 26.07.2017 · 09:53 · 1 min
Romania Posts Budget Deficit of 0.27% of GDP in Jan-May
Macroeconomics

Romania Posts Budget Deficit of 0.27% of GDP in Jan-May

Romania's general consolidated budget posted a deficit of RON2.2 billion in January-May 2017, or 0.27% of the gross domestic product (GDP), after a surplus of 0.2% of GDP at the end of April...

Oana Gavrila · 27.06.2017 · 12:28 · 1 min
The Only Hope For 2017 Strained Budget: Rise In Number Of Employees
HR

The Only Hope For 2017 Strained Budget: Rise In Number Of Employees

The increase in social security tax revenue by 18% March on March fueled by wage raises and a rise in the number of employees shows what the government can use to comply with the budget defi...

Loredana Frățilă-Cristescu · 25.04.2017 · 09:24 · 2 min
Eurostat: Romania’s Deficit At 3% Of GDP In 2016
Macroeconomics

Eurostat: Romania’s Deficit At 3% Of GDP In 2016

Romania and Great Britain registered a deficit of 3% of GDP in 2016, according to preliminary data published Monday by EU’s statistics office Eurostat.

Gabriela Stan · 24.04.2017 · 15:16 · 1 min
Macroeconomics

Fiscal Council President On Pay Law: Budget Deficit Could Reach 5.7% Of GDP In 2018

The impact of the unitary pay law over the budget deficit is double versus that presented by the government, reaching RON50-60 billion; thus, the budget deficit could reach 5.7% of GDP in 20...

Gabriela Stan · 11.04.2017 · 13:09 · 1 min
Romania Posts Current Account Deficit of EUR4.1B in 2016
Macroeconomics

Romania Posts Current Account Deficit of EUR4.1B in 2016

Romania's current account balance posted a deficit of EUR4.118 billion in 2016, compared with a deficit of EUR1.943 billion registered in 2015, central bank data showed Monday.

Oana Gavrila · 13.02.2017 · 13:29 · 1 min