budget
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Budget falls into deficit after five months: 0.34% of GDP
The general consolidated budget posted a budget deficit of 0.34% of the GDP at the end of May, sources from the Ministry of Economy and Finance told ZF, after the finance minister forecast a...
7.5% economic growth in Q1 and 0.14% budget surplus in four months
The estimated Gross Domestic Product (GDP) rose by 7.5 percent in the first three months of the year, which is the biggest first-quarter leap the economy has made since 1990, economy and fin...
Unilever: Consumers start to budget
Alexandra Gatej (photo), chairman of the FMCG producer Unilever South Central Europe (USCE), with domestic turnover worth over 160 million euros, says there was a slowdown in consumption in...
NBR asks Ministry of Finance to target budget deficit
The inflation target set by the NBR (National Bank of Romania) should be supported by a similar commitment from the Ministry of Finance regarding the budget deficit, according to Mugur Isare...
Glenmark has 40m-dollar budget for pharmaceutical acquisition
Indian-based drug manufacturer Glenmark, which is expected to officially start operations on the local market this year, could invest up to 40 million dollars in company acquisitions. "We ha...
Orban: EC could launch excessive budget deficit procedures
The European Commission could ask Romania to reduce its budget deficit by means of the excessive deficit procedure if the Government does not take steps to limit the budget deficit by May. "...
Budget collects 2bn euros less than expected
Budget revenues stood at 121.5 billion RON (36.4 billion euros) for 2007, 6.9 billion RON (2.07 billion euros) below the revised collection plan, according to data published on Tuesday by th...
Budget deficit: 2.4% of GDP
The general consolidated budget saw a deficit of around 2.4% of the GDP, according to preliminary data, close to the target set by the authorities, according to official sources. The third b...
Allianz-Tiriac: 399m-euro budget for 2008
Allianz-Tiriac, the largest company on the Romanian insurance market, has budgeted a 399 million-euro turnover for next year, 360 million euros of which from general insurance, and 39 millio...