DEFICIT
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Romania's Current Account Gap Widens to EUR9.2B in Jan-Oct
Romania's current account balance posted a deficit of EUR9.201 billion in the first ten months of 2019, compared with a deficit of EUR7.532 billion in the same period of 2018, central bank d...
Difficult Mission for Finance Ministry at Yearend: Funding the Deficit
Raising the budget deficit from 2.8% to 4.3% of GDP, which the Finance Ministry proposed to be able to close 2019 books, was easy on paper. Now it has to find the money to fund this deficit...
Fiscal Council Head Warns Pension Hike Could Push Budget Gap to 8% in 2022
Romania's new pension law, which would raise public pensions by 40% starting September 2020, complicates budget construction for the next years and would take social assistance spending from...
Romania's Budget Gap Widens to 2.8% of GDP in Jan-Oct, Govt Sees Year-End Gap at 4.3%
Romania's general consolidated budget posted a deficit of RON28.83 billion in January-October, or 2.8% of the gross domestic product, finance ministry data showed Tuesday.
Faced with Revenue Decline, PNL Government Set to Go with Over 4% of GDP Deficit
The PNL (National Liberal Party) government is to announce how it will adjust the 2019 budget and as things are right now, it is forced to raise the deficit to 4% of GDP and keep the spendin...
Romania Budget Gap Widens to 2.6% of GDP in Jan-Sept
Romania's general consolidated budget posted a deficit of RON26.97 billion in January-September, or 2.6% of the gross domestic product, finance ministry data showed Wednesday.
Romania Posts Budget Deficit of 2.1% of GDP in Jan-Aug
Romania's general consolidated budget posted a deficit of RON21.9 billion in January-August, or 2.1% of the gross domestic product, finance ministry data showed Thursday.
Romania Current Account Gap Widens to EUR6.025B in Jan-July
Romania's current account balance posted a deficit of EUR6.025 billion in the first seven months of 2019, compared with a deficit of EUR4.859 billion in the same period of 2018, central bank...
Romania Posts Budget Deficit of 1.76% of GDP in January-July
Romania's general consolidated budget posted a deficit of RON18.14 billion, or 1.76% of gross domestic product , in January-July, down from 1.94% of GDP in the first half of the year, financ...