Archive » December 2009 » 22 December 2009 The english news from 22 December 2009
What Boc isn't saying: 10% jobless rate
Prime Minister Designate Emil Boc drafted a governing program around the targets agreed upon with the International Monetary Fund (IMF): a 5.9 percent budget deficit and 1.3 percent economic growth in 2010. In order to meet this deficit target, at least Euro2.5 billion must be cut from public spending, which means massive layoffs in the state sector…
Joining Schengen space and participation in EEAS, priorities of governing programme
The Romanian diplomacy will have to prepare institutionally for the participation in the European External Action Service of the European Union, stipulated in the Treaty of Lisbon, to consolidate its influence on European institutions and to ensure this country's joining the Schengen space in 2011, these are the foreign policy priorities included in the governing programme of the new Executive…
Romania To Earn RON1B Less Than Initially Estimated From Car Pollution Tax
Romania will earn around 630 million lei (EUR1=RON4.2119) this year from the tax on automobile pollution, RON1 billion less than the Government initially estimated, because of the severe drop in the number of car registrations. The Government initially projected RON1.64 billion earning from the pollution tax, but had to revise the amount to RON636.4 million towards the end of the year…
Budget deficit to 6.66 pc of GDP in 2010
The state budget deficit for 2010 is scheduled to stand at RON 35.04 bln, namely 6.66 per cent of GDP, down by RON 6.2 bln (1.23 per cent of GDP) compared to the deficit approved for this year, Mediafax informs. 'The state budget will have revenues of RON 66.65 bln and expenditures of RON 101.67 bln, with a budget deficit of RON 35.02 bln,' the budget draft for 2010 reads…