deficit

The Fiscal Council has criticised the Government's budget rectification draft, warning there are significant risks for a higher deficit target than the one assumed of 3 pc of the GDP. "In the absence of some credible compensatory…

The trade balance deficit has deepened in the first five months of 2019 up to EUR 6.52 billion, up by EUR 1.51 billion against January 1 – May 31, 2018, the National Statistics Institute (INS) informs on Wednesday. The FOB exports…

Most of Romanian exports leave for countries in Western Europe – France, Germany, Italy and the UK – 57% of the goods and services that aim the European Union, and 44% of imports come from these countries, resulting in a surplus of EUR 3.8…

Wild Code School is launching the first coding school on the educational market in Romania, proposing a five-month intensive courses programme. The school will open a campus within Mindspace Victoriei in Bucharest and will provide…

The Parliament has Okayed on Saturday the timetable of the debates on the 2019 state budget. The amendments will be filed by Monday, at 12:00, while the final vote is scheduled on Friday, February 15. The special budget –finance…

The analysis of the budgetary execution in the first 9 months of 2018 indicate that the implementation of the investment plan is not a priority this year as well. At the beginning of the current budgetary exercise AmCham Romania was…

The execution of the consolidated general budget in eight months of 2018 shows a deficit of RON 14.6 billion, i.e. 1.54% of GDP, more than double against the similar period last year, of RON 6.5 billion (0.76% of GDP), the Finance Ministry…

Romania imported meat and meat products worth EUR 124.8 million in the first two months of 2018, up by almost 27 percent, National Institute of Statistics (INS). Meanwhile, the meat exports were almost two times lower than imports and…

Last year, Romania registered deficit in the agri-food trade of EUR 853.9 million, up by 53 percent against 2016 – EUR 557.4 million, according to figures provided by the Ministry of Agriculture and Rural Development (MADR). ”Romania…

In the first month of 2018, In January, Romania exported medical and pharmaceutical products worth EUR 65.5 million, up by 1.8 percent than in the same period last year, according to data centralized by the National Institute of Statistics…