Results 176 - 200 from 225 for "budget deficit"
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Romania January-May Budget Gap Widens To RON7.2B
06.25.2012
Romania’s consolidated budget posted a deficit of 7.2 billion lei (EUR1.6 billion) in the first five months, equal to 1.19% of the gross domestic product, Finance Ministry data showed Monday. more
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Romania Budget Gap Widens To RON5B In First 4 Months
05.25.2012
Romania’s consolidated budget posted a deficit of 5 billion lei (EUR1.1 billion) in the first quarter, equal to 0.83% of the gross domestic product, Finance Ministry data showed Friday. more
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IMF, Romania Agree On New 2012 Budget Deficit Target
05.09.2012
Romania and the International Monetary Fund have agreed to increase the budget deficit target to 2.2% of the gross domestic product in 2012, from 1.9% of GDP previously, IMF mission chief Jeffrey more
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Romania Runs Budget Deficit For Third Straight Month In April
05.04.2012
Romania’s consolidated budget posted its third consecutive monthly deficit in April, despite a record growth in revenue, official sources said Friday. more
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Politicians Play Ping Pong With Public Sector Workers’ Wage Raises
05.04.2012
High officials are tossing the issue of increasing public sector wages back and forth, while the Romanian currency is depreciating and rating agencies warn that a prospective increase in the budget more
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Quicker Payments To Budget Saved First-quarter Deficit Figures
04.27.2012
The spectacular rise of collection from the corporate tax and the higher amount attracted to the budget in March from individual income taxes contributed to the rise of budget revenues by 16.2% more
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Romania 1Q Budget Gap At RON3.4B, Meets IMF Requirements
04.26.2012
Romania’s consolidated budget posted a deficit of 3.4 billion lei (EUR776 million) in the first quarter, equal to 0.56% of the gross domestic product, Finance Ministry data showed Wednesday. more
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Budget Deficit Target Already Under Threat As Public Debt Is Rising Fast
04.25.2012
Romania's budget deficit in the first two months was the same as in 2011, while public debt continued to rise fast because of the Finance Ministry's policy to borrow aggressively from markets for fear more
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Romania Runs Budget Deficit Of RON2.7B In Jan-Feb
03.26.2012
Romania’s consolidated budget posted a deficit of 2.7 billion lei (EUR618 million) in the first two months, equal to 0.44% of the gross domestic product, Finance Ministry data showed Monday. more
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Romania 2011 Budget Gap Shrinks To 4.35% Of GDP
01.26.2012
Romania's budget deficit narrowed to 4.35% of the gross domestic product in 2011, from 6.5% of GDP a year earlier, the Finance Ministry said Thursday. more
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Romania 2011 Budget Gap Narrows To 4.35% Of GDP, Below IMF Target - Sources
01.17.2012
Romanian consolidated budget posted a deficit of 4.35% of the gross domestic product in 2011, just shy of the government’s target of 4.4% of GDP agreed with the International Monetary Fund, more
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Boc: Romania Posts 2% GDP Growth In 2011, Budget Deficit Below 4.4% Of GDP
01.04.2012
Romania posted an economic growth close to 2% in 2011 and it has kept the budget deficit below the target of 4.4% of the gross domestic product, Prime Minister Emil Boc said Wednesday. more
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Romania's Budget Deficit Widens To 3% Of GDP In November
12.27.2011
Romania’s consolidated budget posted a deficit of 16.9 billion lei (EUR3.9 billion) after the first 11 months, equivalent to almost 3% of the gross domestic product, a Finance Ministry official said more
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IMF Sees Romania's Structural Deficit At 0.1% Of GDP In 2012
12.21.2011
Romania's structural deficit will drop from 2.8% of the gross domestic product this year, to 0.1% of the GDP in 2012, thus respecting the 0.5% limit established in the latest European summit, more
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Romania Budget Gap Narrows To RON13.3B In October
11.28.2011
Romania’s consolidated budget posted a deficit of 13.3 billion lei (EUR3.05 billion) in the first ten months, equal to 2.4% of the gross domestic product, Finance Ministry data showed Monday. more
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Government Bets Again On 7% Rise In Budget Revenues
11.14.2011
The Government expects budget revenues to grow 7% next year if the flat tax remains at 16% and VAT stays at 24% under the scenario of a 2% positive economic growth and an improvement in tax collection more
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Basescu: 2012 Budget Targets Deficit Of 1.9% In Cash Terms
11.03.2011
Romanian President Traian Basescu said Thursday, after a meeting with the IMF, World Bank and European Commission delegation, that next year's budget will be built on a deficit of 1.9% of the GDP in more
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Tough Month For Government: How Will Romania Escape The Approaching Storm?
10.26.2011
Romania has entered a really tough month. The government in Bucharest is faced with five major challenges amid the international turmoil. With a mission of the International Monetary Fund on site, a more
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Romania Budget Gap Widens To RON13.7B In September
10.25.2011
Romania’s consolidated budget posted a deficit of 13.7 billion lei (EUR3.16 billion) in the first nine months, equal to 2.5% of the gross domestic product, Finance Ministry data showed Tuesday. more
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Eurostat Withdraws Reservation On Romania Deficit Data
10.21.2011
Eurostat has withdrawn its reservation expressed on the quality of Romania’s data on the budget deficit for the 2007-2010 period and confirmed the October 2011 notification from the eastern European more
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Inefficient Administration Causes Romania EUR1.3 Billion Losses Every Month
10.11.2011
The flawed state management translates into losses of EUR1.3 billion each month (EUR18 billion per year) as Romania lacks three main abilities: the skill to attract EUR400 million that it should take more
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UniCredit: Romania’s Funding Needs To Leap By 34% Next Year
10.05.2011
Romania’s funding needs will remain high next year, as UniCredit analysts estimate it will reach EUR22.4 billion, EUR5.7 billion (34%) higher than this year. more
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Romania Needs Additional Budget Cuts With Lower GDP Growth Forecast
10.03.2011
Romania’s Finance Ministry is getting ready to redo next year’s budget draft after the International Monetary Fund has announced the halving of the economic growth forecast to about 2%, and state more
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Can A VAT Cut Be Considered When Drafting The 2012 Budget?
09.27.2011
The first discussions on the draft budget for 2012 bring about the first scenarios. The Government is due to send the draft budget for 2012 to Parliament by October 15th, at a time when economic more
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Romania Budget Deficit Widens To RON12.9B In August
09.26.2011
Romania’s consolidated budget posted a deficit of 12.97 billion lei (EUR3.01 billion) in the first eight months, equal to 2.4% of the gross domestic product, Finance Ministry data showed Monday. more