budget deficit
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Standard&Poor's: Maintain reform momentum and budget deficit under control and we'll raise your rating
Standard&Poor's (S&P), the first major rating agency that downgraded Romania in the autumn of 2008, announces it may upgrade the rating if the government maintains the momentum of its current structural reforms, ensures fiscal prudence and maintains stability...
IMF agrees to increase in minimum wage. Will it also agree to a higher budget deficit in 2011?
The head of the IMF mission to Romania, Jeffrey Franks, believes "there could be room" for an increase of the minimum wage, but says the decision needs to be carefully analysed because an un...
Budget deficit growth pace slows down in August
The Finance Ministry managed to slow down the growth of the budget deficit to about one quarter of the average of the previous months.
Budget deficit climbs by another 1bn euros in May, to 3.1% of GDP
The increase in budget spending and the continued revenue decline have deepened the budget deficit by a further one billion euros in May, to 3.1% of GDP, so it remains to be seen whether the...
Cutting the budget deficit, Romania's major challenge on its way to the euro
The resumption of economic growth this year will create the conditions for an accelerated fiscal consolidation, according to the updated convergence programme, which features the strategy to...
Boc boasts about “First Home” and “manageable” budget deficit to show he actually did something as a Prime Minister
The “First Home” scheme saved 500 companies and 9,500 jobs, Premier Emil Boc told the Parliament yesterday, where he was invited to present a strategy for saving jobs, given that more than 4...