European Commission’s requirements of Romania prior to approving its 7-year deficit reduction
The Ministry of Finance asked the European Commission that returning to the 3% of GDP deficit target should occur over a period of 7 years
The Ministry of Finance asked the European Commission that returning to the 3% of GDP deficit target should occur over a period of 7 years
A high inflation rate generally has negative effects on the economy and society by reducing the purchase power of income, discouraging saving, reducing investments, increasing
The execution of the general consolidated budget in the first eight months of 2020 registered a deficit of RON 54.77 billion (5.18% of GDP, an
Romania recorded the largest public deficit among the EU states in 2018, according to data published by Eurostat, except for Cyprus (-4.8% of GDP last
Analysts’ scenarios on the evolution of the exchange rate are rather prudent for the coming months, but severe for the beginning of the next year
The Government’s agenda for Wednesday also includes the draft decision to increase the foreign loans ceiling for 2019 and 2020 by EUR 4 billion, up
Minister Eugen Teodorovici is pressured by the EU to reduce the budget deficit After finding that the Government has done nothing to adjust the deviation
The Ministry of Public Finance (MFP) intends to borrow in November RON 4.74 billion, 1.4% more than in the previous month, according to the Ministry.
Last year, Romania was the EU country with the lowest public revenue related to GDP (30.5%), with the exception of Ireland (which was in a
At the end of the first half of the year, the general consolidated budget registered a deficit of about RON 15 billion, an amount
Fitch Ratings confirmed on Friday Romania’s rating for long-term foreign and local currency debt at BBB-, with a stable outlook, but warned that fiscal loosening
The general consolidated budget ended the first five months of 2018 with a deficit of -0.88% of GDP estimated for the current year, more than
The International Monetary Fund (IMF) recommends Romania a „comprehensive revision of the tax system,” according to the institution’s 2018 annual report. The recommendation has been
The Competition Council started an analysis, following the request of the Ministry of Agriculture, to establish the causes of the accelerated food price increase this
The second budget amendment this year has been adopted at the government meeting on Wednesday. As the Finance Minister assures, this amendment is „positive”, the
Regarding the EUROSTAT release on Romania’s budget deficit in the second quarter of 2017, the Ministry of Public Finance (MFP) has issued a press release
The surplus recorded at the end of the first six months of 2017 in the centralized budget of local administrative units (in short, local budgets)
Romania’s seasonally adjusted budget deficit was 3.2% of GDP in the first quarter of 2017. It was the second highest budget deficit in the European
* Budget deficit, cash Budget deficit, ESA Structural deficit * We made a memory effort and sought to see the budget commitments for the current
The net wage increases generated by the unitary pay law will be neutralized, at least in the first year, by the transfer to the employee
The Ministry of Finance asked the European Commission that returning to the 3% of GDP deficit target should occur over a period of 7 years
A high inflation rate generally has negative effects on the economy and society by reducing the purchase power of income, discouraging saving, reducing investments, increasing
The execution of the general consolidated budget in the first eight months of 2020 registered a deficit of RON 54.77 billion (5.18% of GDP, an
Romania recorded the largest public deficit among the EU states in 2018, according to data published by Eurostat, except for Cyprus (-4.8% of GDP last
Analysts’ scenarios on the evolution of the exchange rate are rather prudent for the coming months, but severe for the beginning of the next year
The Government’s agenda for Wednesday also includes the draft decision to increase the foreign loans ceiling for 2019 and 2020 by EUR 4 billion, up
Minister Eugen Teodorovici is pressured by the EU to reduce the budget deficit After finding that the Government has done nothing to adjust the deviation
The Ministry of Public Finance (MFP) intends to borrow in November RON 4.74 billion, 1.4% more than in the previous month, according to the Ministry.
Last year, Romania was the EU country with the lowest public revenue related to GDP (30.5%), with the exception of Ireland (which was in a
At the end of the first half of the year, the general consolidated budget registered a deficit of about RON 15 billion, an amount
Fitch Ratings confirmed on Friday Romania’s rating for long-term foreign and local currency debt at BBB-, with a stable outlook, but warned that fiscal loosening
The general consolidated budget ended the first five months of 2018 with a deficit of -0.88% of GDP estimated for the current year, more than
The International Monetary Fund (IMF) recommends Romania a „comprehensive revision of the tax system,” according to the institution’s 2018 annual report. The recommendation has been
The Competition Council started an analysis, following the request of the Ministry of Agriculture, to establish the causes of the accelerated food price increase this
The second budget amendment this year has been adopted at the government meeting on Wednesday. As the Finance Minister assures, this amendment is „positive”, the
Regarding the EUROSTAT release on Romania’s budget deficit in the second quarter of 2017, the Ministry of Public Finance (MFP) has issued a press release
The surplus recorded at the end of the first six months of 2017 in the centralized budget of local administrative units (in short, local budgets)
Romania’s seasonally adjusted budget deficit was 3.2% of GDP in the first quarter of 2017. It was the second highest budget deficit in the European
* Budget deficit, cash Budget deficit, ESA Structural deficit * We made a memory effort and sought to see the budget commitments for the current
The net wage increases generated by the unitary pay law will be neutralized, at least in the first year, by the transfer to the employee