Romanian PM Emil Boc: 2011 macroeconomic targets reached. Growth stood at "almost 2%", budget deficit at 4.4%

Business

Romanian PM Emil Boc announced on Wednesday that the Government reached the macroeconomic targets for 2011 "without troubles".

The economic growth, he said, stood at "almost 2%", as compared to the targeted 1.5%, while the budget deficit target of 4.4% was reached.Jobs and investments are the most important priority for the Government in 2012, according to PM Boc.He said the Government eyed a minimum 20% European fund absorption rate in 2012. And he said two reforms would develop this year -...

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