Romania Will Miss Budget Gap Target, Because Of Upcoming Elections - Piraeus

06.27.2011 By Bostan Radu

Romania's Government will miss this year's budget deficit target of 4.4%, agreed upon with the International Monetary Fund, as there is a high likelihood of "fiscal slippages" before next year's parliamentary elections, say analysts from Piraeus Bank.

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Keywords:
BUDGET DEFICIT
, PIRAEUS BANK
, IMF