Council of Foreign Investors reacts to pensions' increase as amended in Parliament

An increase in the deficit of up to 11 pct of the GDP, which will be caused by measures recently adopted by Parliament, will be difficult or even impossible to finance on the financial markets, according to a release issued Tuesday by the Council of Foreign Investors.The reaction of the organization promoting the interests of foreign investors in Romania comes after Parliament voted on Tuesday to increase pensions by 40 pct, increase teachers' salaries and ...

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