Romania To Reduce Contribution To Investments By Up To RON2B In 2012

11.17.2011 By Radu Bostan

Romania's Government will reduce the state budget's allowance for investments by 1.3-2 billion lei (EUR300-460 million) in 2012 compared with 2011, but hopes to compensate by raising EU fund absorption by almost 50%.

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Keywords:: BUDGET; , INVESTMENTS; , CO-FINANCING

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