Romania's public deficit could exceed 9 pct without pension increase from 1 September
Publicat:Romania's public deficit could exceed 9 pct, without taking into account the pension increase from 1 September, Eugen Radulescu, director of the Stability Directorate of the National Bank of Romania (BNR), warned at a select conference on Wednesday.
"It is not only what happens in the banking system that matters. Everything that happens in the country's financial system matters. We now have a particularly serious problem called a public deficit. It started from the end of last year at a level that was far beyond the much-discussed 3 pct, which is totally enormous for a country that has…
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