Central Bank: Budget Deficit Can't Be Adjusted Brutally

09.22.2020 By Oana Gavrila

Romania's major macroeconomic challenge starting 2021 is adjusting its budget deficit and macroeconomic imbalances as international markets are unlikely to accept large deficits for years to come, the Romanian central bank said in a quarterly report.

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Keywords:
CENTRAL BANK
, BUDGET DEFICIT
, PENSIONS

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