New Government To Free Up EUR400M For Consumer Spending And Drive Deficit To 2.2% Of GDP

05.07.2012 By Claudia Medrega

The gradual restoration of public sector wages and paying back health insurance contributions collected from pensioners could have a negative impact of about 1.7 billion lei (about EUR400 million), driving the budget deficit from 1.9% of the gross domestic product to 2.2% of GDP.

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Keywords:: public wages; , deficit

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