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Public deficit at 3.02 pct of GDP in 2018 by EU standards on end-year fiscal “window dressing”

Romanian government has maintained the public deficit at the upper limit of EU threshold of 3 percent of the gross domestic product (GDP) in 2018, mainly due to fiscal “window dressing” measures taken at the end of last year. According to the first Eurostat estimates, released on Tuesday, Romania’s fiscal gap was RON 28.5 billion last year, of 3.02 percent of GDP in ESA 2010 terms. But this performance is ...

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