DEFICIT
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Romania January-July Budget Gap Widens Slightly To RON6.97B
Romania’s consolidated budget posted a deficit of 6.97 billion lei (EUR1.55 billion) in the first seven months, equal to 1.15% of the gross domestic product, Finance Ministry data showed Fri...
BNR: Romania's Current Account Deficit Down To EUR2.4B In First Half
Romania's current account deficit narrowed to EUR2.4 billion in the first half of 2012, from a gap of EUR3.4 billion a year earlier, largely due to a higher current transfer surplus, central...
Romania Runs RON400M Budget Surplus In June
Romania’s consolidated budget posted a surplus of 400 million lei (EUR86.6 million) in June after four consecutive months of deficits, Finance Minister Florin Georgescu said Wednesday.
Head Of Postal Company: My Priority Was To Remove The Risk Of Insolvency By Cutting Unproductive Spending
State-run postal company Posta Romana is one step away from insolvency unless it goes through a deep restructuring of its activity, after it cumulated losses of EUR72 million in 2008-2010 an...
Erste Raises Forecast For Romania 2012 Deficit, Warns Of Political Instability
Austrian Erste Group Bank AG (EBS.RO) Wednesday revised upward its forecast on Romania’s budget deficit to 4.2% of the gross domestic product in 2012, from 3.4% of GDP previously, saying it...
IMF: Political Pressures In Romania Will Be Strong Over Coming Months
The International Monetary Fund expects political pressures for relaxing fiscal consolidation and structural reforms to intensify despite the new government strongly affirming its commitment...
Romania January-May Budget Gap Widens To RON7.2B
Romania’s consolidated budget posted a deficit of 7.2 billion lei (EUR1.6 billion) in the first five months, equal to 1.19% of the gross domestic product, Finance Ministry data showed Monday...
Romania Budget Gap Widens To RON5B In First 4 Months
Romania’s consolidated budget posted a deficit of 5 billion lei (EUR1.1 billion) in the first quarter, equal to 0.83% of the gross domestic product, Finance Ministry data showed Friday.
Romania's Public Debt Nears 40% Of GDP
Romania’s public debt is approaching its sustainability limit, 40% of GDP, the maximum level accepted by investors. At the price of creating a liquidity buffer, the growth of the public debt...