Wage Hikes to Push Romania's Budget Deficit to Over 4% - Fiscal Council

10.01.2015 By Oana Gavrila

Romania's budget deficit could stand at 2.2% of GDP next year, following the impact of the country's new tax code, but planned wage hikes in the public sector may push the deficit to more than 4%, Fiscal Council president Ionut Dumitru said Thursday.

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Keywords:
TAX CODE
, WAGE HIKES
, DEFICIT