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09:55, 18.01.2024

FinMin Bolos: Budget deficit for 2024 will be round 5pct

The budget deficit for 2024 will realistically be around 5% of the GDP, Finance Minister Marcel Bolos said on Wednesday evening. "We are now closing the budget deficit at around 5.7%, which will be the basis for…




16:40, 05.05.2021

Gov't passes convergence programme including reforms pledged by it

A convergence programme was approved at Tuesday's government meeting that contains reforms pledged by the government in areas such as the state pension system, public pay, state-owned companies, and public administration,…




19:58, 24.05.2020

Convergence Programme for 2020: Government debt estimate at 40.9 pct of GDP in end-year

The share of gross government debt according to the European Union methodology will be 40.9 per cent of the GDP at the end of 2020, compared to 35.2 per cent in 2019, according to the Convergence Program for 2020…




19:27, 24.05.2020

Convergence proigramme for 2020: Economic activity expected to show serious drop in Q2 (-14.4pct)

The economic activity in Romania will see a severe drop in the second quarter of this year, by 14.4 per cent, while the impact on the manufacturing industry in the mentioned period will be about 18 per cent, and…