EBRD Sees Romania's Budget Deficit At 4.4% Of GDP In 2011

05.20.2011 By Florentina Dragu

EBRD estimates Romania will post a budget deficit of 4.4% of the gross domestic product in 2011, narrower from 6.4% of GDP a year earlier.

For 2012, Romanian authorities plan to cut the deficit to below 3% of GDP.