DEFICIT
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Romania Current Account Posts EUR347M Deficit in Jan-July
Romania's current account balance posted a deficit of 347 million euros after the first seven months, compared with EUR994 million in the same period last year, central bank data showed Mond...
Finance Minister Sees Deficit At 2% In 2017 Under Tax Code Amendments
Romanian finance minister Eugen Teodorovici said Thursday the country's budget deficit would drop to around 2% in 2017 following a gradual cut in the VAT rate and the elimination of an addit...
Romania Current Account Posts EUR312M Deficit In First Five Months
Romania's current account balance posted deficit of 312 million euros after the first five months, compared with EUR424 million in the same period of 2014, central bank data showed Tuesday.
Romania Trade Deficit Widens To EUR2.6B In First 5 Months
Romania’s imports grew more quickly than exports in the first five months of the year and the country’s trade deficit widened to 2.57 billion euros, the statistics office said Friday.
FinMin: Romania Will Keep Budget Deficit Below 3% Of GDP In 2016 After Tax Cuts
Romania’s budget deficit will be higher than the target agreed with the international financial institutions next year, but still below the cap of 3% of the gross domestic product allowed by...
Romania Posts Budget Surplus of 0.7% of GDP in 1Q
Romania’s budget posted surplus after the first three months as the country recorded higher tax revenues, while investment expenses were cut, data from the Finance Ministry showed Tuesday.
HR Insider: Cluj Needs 2,000 IT Specialists, Colleges Turn Out Only 400 Graduates A Year
The shortage of IT skills and the less and less adequate training of the young people graduating college are the big challenges employers in the Cluj area have to deal with, HR managers said...
Romania Budget Revenue Seen Up 3.4% in 2015
Romania’s consolidated budget revenues are estimated for 2015 at 226.36 billion lei (EUR51.5 billion), or 31.9% of the gross domestic product, according to the budget draft published by the...
Government To Negotiate With IMF A Deficit Of 2-2.1% Of GDP For Co-financing, Defense
Romanian government will negotiate with the representatives of the International Monetary Fund and European Commission a deficit of 2-2.1% of the GDP for 2015, while the additional 0.6-0.7%...