Struggling With Deficit, Romanian Premier Confronts Wage Demands bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
The big problem this year is to keep budget expenditures under control, says Fiscal Council chairman Daniel Daianu, who also mentioned that last year s budget e.
According to Fiscal Council estimates, Romania s budget deficit this year will be in excess of 6 percent, with slim chances to fall below this limit if capital .
Fiscal consolidation will be a painful process and it is desirable to conduct it fairly, said on Tuesday the chairman of the Fiscal Council, Daniel Da.
Romania may register this year a 3% economic growth, but we risk reching a budget deficit of 7% if we are not attentive, said Daniel Daianu, the president of th.