ING considers revising growth outlook

Publish date: 10-05-2010
  • Bookmark & Share

ING said the Government's austerity plan that includes cuts in wages, pension and unemployment benefits are much more efficient than raising taxes, in terms of medium and long-term economic performance. "Short term prospects are poor, and when further details on the austerity plans are released, we will probably revise our 0.9% economic growth forecast for end of the year", ING said.

President Traian Basescu said yesterday the Government had reached an agreement with the International Monetary Fund, denying the rumors on a tax hike. The plan envisages reduction in wages by 25%, by 15% in unemployment benefits and subsidies.

Avem nevoie de acceptul tău!
Partenerii noștri folosesc cookie-uri pentru personalizarea și măsurarea anunțurilor. Prin acceptarea cookie-urilor, anunțurile afișate vor fi mai relevante pentru tine. Îți mulțumim pentru accept și te informăm că îți poți schimba oricând opțiunea în Politica de Cookie.