DEFICIT
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Romania's Current Account Deficit Grows 16 Times in January, to EUR114M
Romania's current account balance posted a deficit of EUR114 million in January, 16 times higher than the EUR7 million deficit recorded in January 2018, central bank data showed Monday.
Romanian Fiscal Council Sees 2019 Budget Deficit at 3.5% of GDP
Romania's Fiscal Council said Monday the country's budget deficit could reach 3.5% of gross domestic product this year, well above the EU limit of 3%, as the state budget is undervalued.
Romania's Current Account Deficit Widens to EUR9.4B in 2018
Romania's current account balance posted a deficit of EUR9.416 billion in 2018, nearly 60% higher than the EUR5.97 billion deficit recorded in 2017, central bank data showed Wednesday.
Romanian Government Adopts 2019 Budget, Targets Deficit at 2.55% of GDP
Romania's government on Friday adopted the 2019 state budget, built on an economic growth projection of 5.5%, which critics said is overly optimistic, and targeting a deficit of 2.55% of gro...
Romania Drafts 2019 Budget on 5.5% GDP Growth, Targets 2.55% of GDP Deficit
Romania's government targets a deficit of 2.55% of gross domestic product and expects economic growth of 5.5%, according to the 2019 state budget plan published late on Thursday.
Romania Current Account Deficit Widens to EUR8.73B in Jan-Nov
Romania's current account balance posted a deficit of EUR8.73 billion in January-November 2018, 60% higher compared with a deficit of EUR5.468 billion in the same period the year before, cen...
Tax Agency ANAF Under Pressure To Boost Revenue By 15%
The Finance Ministry is asking tax agency ANAF to improve collection (by 15.3% compared with 2017) to meet the budget revenue and deficit target.
Romania Posts Budget Deficit Of RON16.8B, Or 1.77% Of GDP, In Jan-Sept 2018
Romania’s general consolidated budget posted a deficit of RON16.8 billion, or 1.77% of the gross domestic product (GDP), in the first nine months of 2018, finance ministry data showed Tuesda...
Romania Current Account Deficit Widens to EUR5.83B in Jan-Aug
Romania's current account balance posted a deficit of EUR5.83 billion in January-August, compared with a deficit of EUR4.23 billion in the same period last year, central bank data showed Mon...