Economic Report

The European Commission is concerned that Romania could register this year the largest increase of budget deficit in the European Union, although the government has said there is no reason for alarm in this regard, Angela Cristea, head of…

The Parliament is calling on PM Dacian Ciolos to address the plenary session of the two chambers next Monday to present a report on the budgetary execution, the Senate Speaker Calin Popescu Tariceanu informed on Tuesday. “We decided to…

Romania’s growth is expected to remain above potential in 2016 and 2017, supported by the expansionary fiscal policy and improvements in the labor market. The fiscal relaxation measures implemented in 2016, coupled with the wage increases…