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Romanian government rushes to patch up budget hole before losing EU funds

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Bucharest urgently seeks money to patch up its huge hole in the budget as it risks losing European funds due to potential non-compliance with deficit targets, according to Euractiv. The budget deficit reached 2.32% of GDP in the first five months, totalling 36,91 billion lei (E7.45 billion), compared to 1.72% of GDP – 27.35 billion […] The post Romanian government rushes to patch up budget hole before losing EU funds appeared first on Știri online, ultimele știri, presa online, ziar online - Sursazilei.ro .

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