FISCAL STRATEGY
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The Real Governing Program: When Inflated Expectations Clash With Reality
The revised fiscal-budgetary strategy for 2013-2015 can be considered a new governing program of the Ponta 2 Government and one closer to reality. Future policies will most likely be built around these figures and predictions.
Romania 2012 GDP Growth Revised Down To 0.2%
Romania’s government has revised downward its estimate on the 2012 economic growth to 0.2% from 0.7% previously, according to the country’s Fiscal Strategy for 2013-2015.
SME Owners Ask Government To Cancel Penalties For Overdue Budget Debts
Romanian SME owners have asked the Government to annul the penalties for overdue payment of debts to the state budget, incurred between 2009 and 2010 by companies that had no such problems b...
Basescu Supports Government’s Fiscal Strategy, Says Country Needs More Public Sector Layoffs
Romanian president Traian Basescu said Friday he supports the Government’s recently adopted fiscal strategy, adding Romania would default if it keeps borrowing money to pay wages and pension...
Fiscal Council Denounces Government’s Fiscal Strategy Again
The fiscal-budgetary strategy does not evaluate the risks that could affect macroeconomic and budget indicators, does not specify adjustment measures and does not give reasons for personnel...