A message of calm amid fiscal tensions: MSCI’s upgrade offers a timely signal of confidence
On 19 June, global index provider MSCI elevated Romania to its newly created Advanced Frontier Market category, reflecting enhanced accessibility…
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deficit bugetar
Anca Dragu: This year’s budget deficit is decent, considering the times we are in
This year’s budget has a decent deficit for the times we are in, it ensures strong investments for the recovery…
Romania’s deficit after the first 10 months is of 7% of GDP
The budget deficit after the first ten months of this year is of 74.04 billion lei, respectively 7% of GDP,…
Fiscal Council: The starting point of the budget deficit for 2021 would be of at least 7.5% of GDP
The starting point of the budget deficit for 2021 would be at least 7.5% of GDP, even in the conditions…
Florin Cîţu: Half of the budget deficit in 2020 represents the cost of the economic crisis
Half of the 2020 budget deficit is the cost of the economic crisis, and this cost has two components, an…
Fiscal Council estimates, in a median scenario, an economic fall of 4-6% this year and a budget deficit of 8-9%
The Fiscal Council estimates, in a median scenario, an economic fall of 4-6% this year and a budget deficit of…
Romania ended 2019 with a larger budget deficit, also due to lack of additional dividends
Romania ended last year with a budget deficit of 4.6% of GDP, exceeding the estimates of the authorities in November,…
Meyer: FP could get 314 million lei from special dividends for 2019
Bogdan Tudorache Fondul Proprietatea (FP) could obtain this year special dividends worth 314 million lei, in the context in which…
Financial Times: Romania shocks investors with bank and energy tax plans
Romania’s government announced a swath of corporate taxes as part of a plan to raise 10 billion lei (€2.1bn) to…
FMI: The partial reimbursement of extra fuel duty needs to be follow by other measures
Any exemption granted to not pay in full the additional excise on fuel introduced from 1 April will have to…