DEFICIT
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Romania Budget Deficit Narrows To RON6B In January-July
Romania’s consolidated budget posted a deficit of 6.02 billion lei (EUR1.36 billion) in the first seven months of 2013, equal to 0.96% of the gross domestic product, Finance Ministry data sh...
Romania Trade Gap Shrinks 45% In 1H; Exports Rise, Imports Fall
Romania’s trade deficit shrank 45% to EUR2.55 billion in the first six months of 2013, as imports declined while exports increased, official data showed Friday.
Romania’s Budget Revision Raises Deficit To 2.3% Of GDP From 2.1% Of GDP
Romania’s government has revised down this year’s consolidated budget revenues by RON2.2 billion and lowering expenses by RON1 billion, raising the deficit to 2.3% of GDP from 2.1% of GDP.
Romania Ups 2013 Budget Deficit Target To 2.3% Of GDP
Romania will raise the 2013 deficit target to 2.3% of the gross domestic product at this year’s first budget revision due shortly, Prime Minister Victor Ponta said Monday.
Romania Posts Budget Deficit Of 1.06% Of GDP In First Half
Romania’s consolidated budget posted a deficit of 6.62 billion lei (EUR1.5 billion) in the first half of 2013, equal to 1.06% of the gross domestic product, Finance Ministry data showed Frid...
Romania Budget Deficit Shrinks To 1.05% Of GDP In First 5 Months
Romania’s consolidated budget posted a deficit of 6.56 billion lei (EUR1.46 billion) in the first five months of 2013, equal to 1.05% of the gross domestic product, Finance Ministry data sho...
Ponta Says Exiting Excessive Deficit Procedure Leads To Years Of Constraints
Romania’s exiting excessive deficit procedures may be good news for the minister of finance and budget as the country can borrow at lower costs but it also means it is in for years of diffic...
Romania Jan-April Budget Deficit Widens To 1.2% Of GDP
Romania’s consolidated budget posted a deficit of 7.5 billion lei (EUR1.72 billion) in the first four months of 2013, equal to 1.2% of the gross domestic product, Finance Ministry data showe...
Romania 1Q Budget Deficit Widens, But Still Below IMF Cap
Romania’s consolidated budget posted a deficit of 4.19 billion lei (EUR966 million) in the first three months, equal to 0.67% of the gross domestic product, Finance Ministry data showed.