09.05.2018

Romania's government on Wednesday approved this year's first budget revision, government spokesman Nelu Barbu said after the Cabinet meeting. more

08.21.2018

Romania’s Presidential Administration announced on Tuesday that the Supreme Council for National Defense (CSAT) is still in the process of analyzing a proposed budget revision, to which the finance more

05.16.2018

Romania’s GDP only rose 4.2% in the first quarter compared with the first quarter of 2017, while analysts expected 5.4%. The economy is losing steam fast due to the rise in borrowing costs and a more

11.15.2017

Romania's government on Wednesday approved this year's second budget revision, still keeping the projected deficit below the EU-limit of 3% of GDP but raising the country's economic growth projection more

09.13.2017

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09.11.2017

The decline in funds earmarked for investments in favor of raising wage costs, stipulated in the draft budget revision, will boost consumption which will encourage imports and thus trigger economic more

09.08.2017

Romania's government will have a positive budget reversion, with additional funds for most ministries, due to better than expected economic growth, finance minister Ionuţ Misa said Friday. more

09.06.2017

Romania's government will revise the state budget by the end of September, the finance ministry said in a statement Wednesday. more

07.10.2017

Romanian Prime Minister Mihai Tudose said Monday after a meeting of the ruling coalition parties he will discuss a budget revision next week. more

08.03.2016

The Romanian government will adopt the budget revision in the government session on August 10; meanwhile it is opened to public debate on the website of the Finance Ministry, government spokesperson more

07.29.2016

The budget revision draft stipulates the increase of the general consolidated budget revenue by RON2.92 billion and the increase of the expenses of the general consolidated budget also by RON2.92 more

10.23.2015

Romania's government on Friday approved this year's second budget revision, cutting funding for infrastructure and raising the health care budget to cover wage hikes, while keeping the deficit target more

10.22.2015

The ministries of Agriculture, Regional Development, EU Funds and Finance will receive the bulk of funds at this year’s second budget revision to be operated Friday, in government’s special more

09.30.2015

Romania’s telecom regulator ANCOM said it will revise in 2016 the relevant markets corresponding to fixed and mobile services and will re-evaluate the regulatory measures previously imposed on the more

09.09.2015

The extended drought that announces a very bad agricultural year is making macroeconomists revise their 2015 growth forecasts downwards. more

07.28.2015

Romania's government approved this year's first budget revision Tuesday, as proposed by the Finance Ministry. more

07.22.2015

Romania’s Prime Minister Victor Ponta on Wednesday said the Government will approve this year’s first budget revision next Tuesday, July 28. more

06.01.2015

The Romanian economy is growing faster than the estimates at the beginning of the year, prompting an upward revision of the 2015 figures and of those for the coming years. more

12.03.2014

Romanian government on Wednesday approved the third budget revision this year, assigning funds for the advance payment of certain salary rights and arrears to state employees. more

12.03.2014

Romanian Prime Minister Victor Ponta on Wednesday stated he would never understand the opinion of the Fiscal Council regarding this year’s third budget revision, adding that the International more

12.03.2014

The third budget revision for 2014 is breaking the law and shows the government’s incapacity to organize and implement the budget, mainly in terms of investments, while the payment of certain salary more

09.30.2014

Local authorities were assigned an extra RON1.1 billion at this year's second budget revision and the Ministry of Public Administration and Regional Development got and extra RON400 million for more

09.30.2014

Romania's Fiscal Council on Tuesday said the government’s revised estimate for VAT collections is unrealistic, considering collections in July and August, adding the more cautious approach would more

09.28.2014

The Ministries of Labor, Public Administration, Defense, Justice, Interior and Foreign Affairs will get extra money at the second budget revision, while funds will be cut from Health, Agriculture, more

09.22.2014

Romanian Prime Minister Victor Ponta stated that this year’s second budget revision will be operated next week, adding that the budget revision will be positive. more