Budget deficit

Budget Deficit, Fiscal Adjustments, and Currency Exchange Rate – Key Concerns for Romania’s Business Community at the End of 2024

Nine O' ClockNovember 29, 2024

by Nine O' ClockNovember 29, 2024016

Budget Deficit, Fiscal Adjustments, and Currency Exchange Rate – Key Concerns for Romania’s Business Community at the End of 2024 Private Investors’ Capital Infusions:...

ECONOMY

Government unveils fiscal reform plan to reduce budget deficit over the next seven years

Nine O' ClockOctober 28, 2024

by Nine O' ClockOctober 28, 2024017

Government unveils fiscal reform plan to reduce budget deficit over the next seven years The Ministry of Finance has published an extensive fiscal reform plan...

ECONOMY

Budget deficit: The time bomb ignited by electoral campaigns, by Daniel Apostol

Nine O' ClockAugust 7, 2024August 7, 2024

by Nine O' ClockAugust 7, 2024August 7, 2024029

Politicians often promise the moon, and this tendency becomes even more pronounced during election years when they vie for the public’s votes. Generous promises and...

CONTRIBUTORS

European Romania: From Where We Started, Where We Are, What We Need to Do – Macroeconomic Insights from Presidential Advisor Dr. Cosmin Marinescu

Nine O' ClockJuly 2, 2024

by Nine O' ClockJuly 2, 2024099

Discovering Romania’s European Journey: From Past to Future In the grand narrative of nations, the story of Romania’s integration into the European Union stands as...

ECONOMY

Romania’s two-month budget deficit grows almost twofold to 1.67 pct of GDP

Nine O' ClockMarch 28, 2024

by Nine O' ClockMarch 28, 2024023

Romania’s two-month budget deficit grows almost twofold to 1.67 pct of GDP Two months into 2024, Romania’s budget deficit increased 1.7 times from the same...

CONTRIBUTORS

Romania’s Budget Deficit Widens: Ministry of Finance Reports 1.67% of GDP Deficit in First Two Months of 2024

Nine O' ClockMarch 27, 2024

by Nine O' ClockMarch 27, 2024052

Source: Gandul The Ministry of Finance delivered discouraging news for Romanians at the beginning of the year. The execution of the general budget in the...

CONTRIBUTORS

The State of Finance: Romania’s Complex Public Debt Dynamics

Nine O' ClockFebruary 8, 2024

by Nine O' ClockFebruary 8, 2024036

In a fiscal game of cat and mouse, Romania’s government plays with public debt, leaving citizens questioning the moves. The Contradictions of Ciolacu’s Fiscal Pledges...

CONTRIBUTORS

Minister Bolos Emphasises Prudence in Addressing Farmers’ and Transporters’ Demands

Nine O' ClockJanuary 18, 2024

by Nine O' ClockJanuary 18, 2024012

Caution Amidst Demands Marcel Bolos, the Minister of Public Finance, urges caution and attentiveness in finding solutions to the demands of farmers and transporters. He...

CONTRIBUTORS

USR President Catalin Drula Supports Protesters’ Right to Demonstrate

Nine O' ClockJanuary 17, 2024

by Nine O' ClockJanuary 17, 2024033

USR President, Catalin Drula, stated on Tuesday evening that the right to protest for transporters and farmers cannot be denied, even if there are technical...

ECONOMY

Romania’s consolidated budget deficit at under 5.7%/GDP in 2023 FinMin

Nine O' ClockJanuary 9, 2024

by Nine O' ClockJanuary 9, 2024035

Romania’s consolidated budget deficit at under 5.7%/GDP in 2023 FinMin Romania’s consolidated budget deficit will be under 5.7% of gross domestic product at end-2023,...

CONTRIBUTORS

Romania Unveils Sweeping Fiscal Measures: Navigating Economic Stability under Marcel Ciolacu’s Leadership

Nine O' ClockDecember 22, 2023

by Nine O' ClockDecember 22, 2023043

PSD-PNL Coalition Initiates Strategic Fiscal Overhaul to Address Deficit and Secure European Funds On December 22, 2023, the Romanian government, led by Prime Minister Marcel...

ECONOMY FINANCE&BANKING

Budget deficit, down to 0.17pct of GDP, ten months into 2016

Nine O' ClockNovember 27, 2016

by Nine O' ClockNovember 27, 20160188

The execution of the general consolidated budget in the first ten months of 2016 ended with a declining deficit worth 1.3 billion lei, namely 0.17...