budget
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7% decline in budget revenues in January
Overall budget revenues started the year with a decline, by 6.8% in January against January 2009, mainly amid a decline in consumption, with the steepest fall being recorded by VAT collectio...
Tanasescu: Debt rescheduling can generate more money for the budget and help companies rebound
The Finance Ministry may resort to rescheduling schemes over the a limited period of time, of one to two years, in order to take care of the debt to the budget of ailing companies, if those...
Basescu: The budget needs to be adopted urgently
Traian Basescu stated that the urgency of setting the state budget parameters pushed for a Government meeting on Friday, saying that while the Government planned for a maximum deficit of 3%,...
Budget deficit doubles to 3% of GDP in one month due to non-collected revenues
The estimated budget deficit approached 3% eleven months into the year, reaching 2.9% of the GDP, amid a dramatic decline in revenues in October and November, which were around 1.3 billion e...
Romania, second from last in terms of retail expenses
With a budget of 790 euros per capita earmarked for expenses in retail, Romania ranks second from last in the region, only ahead of Ukraine, with 563 euros, and behind another six CEE countr...
Employees generate more money for the budget
Romanians earned more in the first half of this year and paid their taxes and thus generated more money for the budget. At least this is what the trend of budgetary revenues from payroll tax...
Transport Ministry asks for 600m euros at budget adjustment
The Ministry of Transport has asked to be awarded around 600 million euros at the next budget adjustment, in order to speed up road and railway infrastructure projects. Priorities include th...
Romanian Post Office exceeds fuel budget
The Romanian Post Office, the largest player on the postal and courier services market, spent around 5.4 million RON (1.5 million euros) on fuel in the first 5 months of the year, 4% more th...
Nortel: 10 companies have over 300,000-dollar IT&C investment budget
A large share of the projects that telecom equipment suppliers are battling over on the local market are generated by around 1,000 companies, of which only 10% invest over 300,000 dollars a...