Opinion: The Government Change Doesn’t Bring More Money To The Budget Overnight

04.30.2012 By Sorin Pislaru

In 10 days, new ministers will come to the Victoria Palace - the headquarters of the Romanian government, but Romania’s economic parameters remain the same: budget revenues were at an all-time low in 2011, of 31.4% of the GDP, public debt is rising by 3 billion lei (EUR685 million) per month, the trade deficit is starting to become menacing and the number of employees stagnates at 4.2 million, 600,000 fewer than in 2008.

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Keywords:
GOVERNMENT
, STATE BUDGET
, REVENUES