Seven-month Gov't deficit is 0.2pct of GDP

The January-July, 2014 Government deficit is 0.2 per cent of the Gross Domestic Product (GDP), compared with 1 per cent of the GDP in the similar period of the year before, Finance Minister Ioana Maria Petrescu told a plenary session of the Senate on Monday.The seven-month deficit is also smaller than the 0.5-per-cent-of-GDP rate recorded at the end of H1, 2014.The Romanian Government has pledged to international financial ...

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