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ECOFIN warns Romania to limit increase in net primary govt. spending

The EU Council of Economic and Financial Affairs (ECOFIN) on December 6 officially warned the Romanian Government not to allow the net primary government expenditures (the primary general government budget) to rise more than 4.5% compared to 2018, romania-insider.com informs. The structural fiscal balance would thus decrease by 1pp (from 3.3% of GDP estimated for this year), according to ...

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