BNR Vice Governor: I believe steps taken by Romania for fiscal consolidation are important

Romania has taken the steps toward a possible fiscal union by participating in the Euro Plus Pact and by planning to meet the target of coming out of the excessive deficit procedure, namely the year 2012, National Bank of Romania (BNR) Vice Governor Cristian Popa said on Monday, after a debate on inflation.Concerning the discussions within the European Union (EU) on a possible fiscal union, the BNR Vice Governor believes that we must wait to see the outcome of the European Council ...

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