EC says Romania further confronts with risk of current account deficit deterioration
Publicat:While there is still a risk of a further current account deficit deterioration in Romania, an economic slowdown among some of the country's main trade partners might also find Romania's current account unprepared to cope with a drop in exports, the European Commission showed in the Country Report regarding Romania, published on Wednesday. According to the Community Executive, the measures adopted by the Romanian authorities contributed to a deepening of the current account deficit and the risks to competitiveness costs. "Past decisions on public and minimum wage increases have played a major…
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