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 consolidated general budget ended the first four months of 2017 with a small surplus of 0.17% of the estimated GDP for the current year,
„The bad news is that the economy cannot grow sustainably by 5% based only on monetary, fiscal and salary stimuli,” said Valentin Lazea, Chief Economist
* Romania’s quarterly gross GDP between 2000-2017 (seasonally adjusted data) Source: INS * The unexpectedly high GDP growth in the first quarter, at 5.7%
The European Commission (EC) revised downward the estimate of Romania’s economic growth in 2017, to 4.3%, according to the spring economic forecast released on Thursday.
Foto: Valdis Dombrovskis (left) and Pierre Moscovici The Vice-President of the European Commission Valdis Dombrovskis and the Commissioner for Economic and Financial Affairs Pierre Moscovici
Romania might register in 2017 an economic growth slowdown to 3.6% from the 2016 estimate of 5%, and a budget deficit of 3.3% based on the
The country’s financing needs for this year is around 9% of GDP, which is sustainable, given that „Romania has a good macroeconomic image,” said Wednesday
Prime Minister Sorin Grindeanu said on Sunday evening on Romania TV that the budget deficit in 2017 will fall within the set target of 3%,
The social security spending increased over the ten years of EU membership by slightly more than two percent of GDP and about a quarter of
Romania and Poland „have a very limited room for manoeuvre in the tax area” – if needed, in case that the budget deficit would exceed
The salary increases recently adopted by the Parliament will cause the increase of Romania’s budget deficit to about 3.5% of GDP in 2017, well above
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 consolidated general budget ended the first four months of 2017 with a small surplus of 0.17% of the estimated GDP for the current year,
„The bad news is that the economy cannot grow sustainably by 5% based only on monetary, fiscal and salary stimuli,” said Valentin Lazea, Chief Economist
* Romania’s quarterly gross GDP between 2000-2017 (seasonally adjusted data) Source: INS * The unexpectedly high GDP growth in the first quarter, at 5.7%
The European Commission (EC) revised downward the estimate of Romania’s economic growth in 2017, to 4.3%, according to the spring economic forecast released on Thursday.
Foto: Valdis Dombrovskis (left) and Pierre Moscovici The Vice-President of the European Commission Valdis Dombrovskis and the Commissioner for Economic and Financial Affairs Pierre Moscovici
Romania might register in 2017 an economic growth slowdown to 3.6% from the 2016 estimate of 5%, and a budget deficit of 3.3% based on the
The country’s financing needs for this year is around 9% of GDP, which is sustainable, given that „Romania has a good macroeconomic image,” said Wednesday
Prime Minister Sorin Grindeanu said on Sunday evening on Romania TV that the budget deficit in 2017 will fall within the set target of 3%,
The social security spending increased over the ten years of EU membership by slightly more than two percent of GDP and about a quarter of
Romania and Poland „have a very limited room for manoeuvre in the tax area” – if needed, in case that the budget deficit would exceed
The salary increases recently adopted by the Parliament will cause the increase of Romania’s budget deficit to about 3.5% of GDP in 2017, well above
