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Results 401 - 425 from 495 for "deficit"

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  • Romania January-July Budget Gap Widens Slightly To RON6.97B

    08.25.2012

    Romania’s consolidated budget posted a deficit of 6.97 billion lei (EUR1.55 billion) in the first seven months, equal to 1.15% of the gross domestic product, Finance Ministry data showed Friday. more

  • Government Pledges To Hold Steady Against Pressure To Relax Fiscal Discipline

    08.23.2012

    Romania’s Government pledged to resist pressure to relax fiscal discipline ahead of parliamentary elections to be organized this fall, as well as to ensure strict discipline of local government more

  • BNR: Romania's Current Account Deficit Down To EUR2.4B In First Half

    08.13.2012

    Romania's current account deficit narrowed to EUR2.4 billion in the first half of 2012, from a gap of EUR3.4 billion a year earlier, largely due to a higher current transfer surplus, central bank data more

  • Romania Runs RON400M Budget Surplus In June

    07.25.2012

    Romania’s consolidated budget posted a surplus of 400 million lei (EUR86.6 million) in June after four consecutive months of deficits, Finance Minister Florin Georgescu said Wednesday. more

  • Head Of Postal Company: My Priority Was To Remove The Risk Of Insolvency By Cutting Unproductive Spending

    07.06.2012

    State-run postal company Posta Romana is one step away from insolvency unless it goes through a deep restructuring of its activity, after it cumulated losses of EUR72 million in 2008-2010 and debts to more

  • Erste Raises Forecast For Romania 2012 Deficit, Warns Of Political Instability

    07.04.2012

    Austrian Erste Group Bank AG (EBS.RO) Wednesday revised upward its forecast on Romania’s budget deficit to 4.2% of the gross domestic product in 2012, from 3.4% of GDP previously, saying it expects more

  • IMF: Political Pressures In Romania Will Be Strong Over Coming Months

    07.04.2012

    The International Monetary Fund expects political pressures for relaxing fiscal consolidation and structural reforms to intensify despite the new government strongly affirming its commitment to the more

  • 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

  • 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

  • Romania's Public Debt Nears 40% Of GDP

    05.22.2012

    Romania’s public debt is approaching its sustainability limit, 40% of GDP, the maximum level accepted by investors. At the price of creating a liquidity buffer, the growth of the public debt was more

  • 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

  • INS: Romania's Trade Gap Widens To EUR1.7B In First Quarter

    05.09.2012

    Romania’s trade deficit widened to EUR1.69 billion in the first quarter, from EUR1.5 billion in the year-earlier period, the country’s statistics institute INS said Wednesday. more

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

    05.07.2012

    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), more

  • Basescu Wants Pension, Social Security Deficits Unchanged Amid Wage Raise Plans

    05.06.2012

    Keeping social security fund and pension deficits at their current levels is crucial for the upcoming period, Romanian President Traian Basescu said Sunday in a meeting with International Monetary more

  • 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

  • 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

  • PM-Designate Victor Ponta Wants To Boost Wages And The Deficit Target Agreed With The IMF

    05.01.2012

    Prime Minister-designate Victor Ponta said, after the “informal” talk with the joint delegation of the International Monetary Fund, the European Commission and the World Bank, that there are more

  • 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

  • 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

  • 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

  • Romania Jan-Feb Current Account Deficit Widens To EUR663M

    04.12.2012

    Romania's current account deficit widened to EUR663 million in the first two months from EUR251 million in the same period of 2011, due mainly to the doubling of the trade gap, central bank data more

  • The Economist Tells Romania's Government: You’ve Got No Money To Raise Wages

    04.02.2012

    Achieving the deficit target of 1.9%-2.1% of the gross domestic product in 2012 will entail a freeze in public sector wages and pensions and will not leave room for cuts in VAT or social security more

  • 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

  • Romanian Trade Gap Seen Widening To EUR10B In 2012

    03.22.2012

    Romanian trade deficit will widen by 25% to EUR9.97 billion in 2012, as imports will grow twice as fast as exports, according to estimates from the National Prognosis Commission. more

  • BNR: Romania's Current Account Deficit Narrows To EUR37M In January

    03.13.2012

    Romania's current account deficit narrowed to just EUR37 million in January from EUR139 million in the same month a year earlier, due mainly to the increase in current transfers surplus and the more

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