DEFICIT
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Romania Posts Current Account Deficit of EUR2.5B in 1H
Romania's current account balance posted a deficit of EUR2.5 billion in the first half of the year, compared with EUR374 million in the same period a year ago, central bank data showed Frida...
Romania Posts Budget Deficit Of 0.5% Of GDP In January-June
Romania's general consolidated budget posted a deficit of RON3.85 billion in January-June, or 0.5% of the gross domestic product, compared with a budget deficit target of 1.9% for the first...
Romania Current Account Deficit Widens to EUR2.6B in Jan-May
Romania's current account balance posted a deficit of EUR2.6 billion in January-May, from a surplus of EUR42 million in the same period last year, central bank data showed Thursday.
Romania Ends 2015 With Budget Deficit of 1.47% GDP, Below Target
Romania's consolidated budget posted a deficit of 10.3 billion lei ($2.47 billion) in 2015, accounting for 1.47% of gross domestic product, below the government's deficit target of 1.85% of...
Govt Spends RON15B More In December, Drives Budget Into Deficit
Romania’s general consolidated budget switched from a surplus of 5.3 billion lei (EUR1.2 billion) or 0.76% of the gross domestic product in November 2015 to a deficit of about RON9 billion t...
Coface Sees Romania Inflation At 0.3%, Budget Deficit At 2.5% In 2015
Coface Romania ratings agency forecasts Romania's inflation at 0.3% and a budget deficit of 2.5% of the GDP, while the economic growth is estimated at 3.3% this year.
Romania Current Account Posts EUR585M Deficit in January-August
Romania's current account balance posted a deficit of EUR585 million after the first eight months of 2015, compared with a deficit of EUR1.144 billion in the same period in 2014, central ban...
Central Bank Governor Warns Against Further Growth in Public Debt
Romanian central bank governor Mugur Isarescu has warned that further growth in public debt could be dangerous and counterproductive.
Wage Hikes to Push Romania's Budget Deficit to Over 4% - Fiscal Council
Romania's budget deficit could stand at 2.2% of GDP next year, following the impact of the country's new tax code, but planned wage hikes in the public sector may push the deficit to more th...