News tagged "public deficit"
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Romania president cautious on pay rise deal with IMF
(BUCHAREST ) - Romania's President Traian Basescu said Sunday he would oppose a deal with the IMF and the EU to raise public wages if it meant exceeding the public deficit target set for 2012.
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Romania vows to clear up EU doubts on deficit figure
(BUCHAREST ) - Romania will clear up doubts voiced by the EU's data agency Eurostat concerning its 2010 public deficit, the national statistics institute (INS) said Tuesday.
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Romanian 2010 public deficit lower than expected: report
(BUCHAREST ) - Romania's 2010 public deficit was lower than anticipated, standing at 6.6 percent of gross domestic product, official sources quoted by Mediafax news agency said Tuesday.
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Romania to cut 54,000 jobs
BUCHAREST - ROMANIA is to cut 54,000 jobs in the public sector in a move to curb its public deficit, the centre-right government announced on Thursday. '53,432 jobs will have to be cut in local administrations,' Interior Minister Vasile Blaga said after a cabinet meeting.
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Romania to raise VAT to 24%
BUCHAREST Romania will raise the VAT tax levied on goods and services to 24 percent from 19 percent to curb the public deficit and obtain a crucial IMF loan disbursement, Prime Minister Emil Boc said on Saturday.
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Romania to raise VAT to 24 pct to curb deficit
BUCHAREST -Romania will raise the VAT tax levied on goods and services to 24 percent from 19 percent to curb the public deficit and obtain a crucial IMF loan disbursement, Prime Minister Emil Boc said on Saturday.
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Romania to raise VAT to 24 pct to curb deficit
BUCHAREST (AFP) - Romania will raise the VAT tax levied on goods and services to 24 percent from 19 percent to curb the public deficit and obtain a crucial IMF loan disbursement, Prime Minister Emil Boc said on Saturday.
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Romania to raise VAT to 24 pct to curb deficit: PM
BUCHAREST (AFP) - Romania will raise the VAT tax to 24 percent from 19 percent in order to curb the public deficit and obtain a crucial IMF loan disbursement, Prime Minister Emil Boc said on Saturday.
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Romania forced to find alternatives to austerity plans
BUCHAREST The Romanian government was forced to draft new options to cut the public deficit Friday after part of an austerity package crucial to securing a fresh disbursement of IMF funds was declared unconstitutional.
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Romania forced to find alternatives to austerity plans
BUCHAREST -The Romanian government was forced to draft new options to cut the public deficit Friday after part of an austerity package crucial to securing a fresh disbursement of IMF funds was declared unconstitutional.
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Romania prepares options to cut deficit: PM
Romania is working on "alternative measures" with IMF and EU officials to cut the public deficit after the country's austerity plan was ruled partly "unconstitutional" on Friday, Prime minister Emil Boc said.
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Romania forced to find alternatives to austerity plans
The Romanian government was forced to draft new options to cut the public deficit Friday after part of an austerity package crucial to securing a fresh disbursement of IMF funds was declared unconstitutional.
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Romania prepares options to cut deficit: PM
BUCHAREST (AFP) - Romania is working on & quot;alternative measures & quot; with IMF and EU officials to cut the public deficit after the country's austerity plan was ruled partly & quot;unconstitutional & quot; on Friday, Prime minister Emil Boc said.
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