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18:48, 24.09.2008 Romania"s Govt Approves Third Budget Revision

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BUCHAREST / 18:48, 24.09.2008 Romanian Government approved Wednesday the third budget revision in 2008, maintaining the budget deficit at 2.3% and increasing revenues by RON6.4 billion (EUR1=RON3.6690) and expenses by RON7 billion.

The budget deficit will be left unchanged at 2.3%, but the gross domestic product (GDP) will be around RON500 billion, Vosganian explained. A Romania reported an economic growth of 8.8% in the first half of the year, driven by 9.3% growth in the second quarter,...

Read the whole story in: Mediafax