EU Sees Romania’s Budget Deficit Widening to 3.5% of GDP in 2016

05.05.2015 By Bogdan Neagu

The European Commission expects Romania’s budget deficit to sharply deteriorate next year due to tax cuts envisioned in the new tax code draft, the EU’s executive arm said in its spring forecast Tuesday.

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Keywords:
EUROPEAM COMMISSION
, FORECAST
, BUDGET DEFICIT