PM Ciolacu: 6.9pct deficit is sustainable as 84% of it goes into investments

Prime Minister Marcel Ciolacu considers that Romania's government deficit, which is expected to reach 6.9% of GDP, is a sustainable one, given that 84% of this money is aimed at investments."It is sustainable, given that 84% of the deficit goes to the investment area. We are the first European state to have a deficit based primarily on investments. So did Germany, so did Italy, so did France. It was not the and of the country. Sustainability comes because we ...

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