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Tag Archives: 2016 budget

IMF’s Tolosa: “Romania must ask the Fund to negotiate a new deal and then to discuss the options

First, Romania has to ask the International Monetary Fund (IMF) to negotiate a new agreement, if desired, and then it will analyze the type of agreement which can be concluded, Guillermo Tolosa, the Washington-based Fund’s resident representative said on Thursday ...

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Pressure on Romania’s 2016 budget and signs of economic overheating, BCR-Erste analysts warn

VAT cutting and public expenditure specific to electoral years will put pressure on the 2016 budget, the analysts BCR-Erste Group anticipate. The government will not be able to control the structural deficit and the economy could show signs of overheating, ...

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