UniCredit: Romania Budget Deficit Likely To Exceed 8% of GDP in 2025, above 7% Target
<img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19786/22873498/1/9633410-l-1.jpg?width=160&height=120"/> Romania budgetary gap is expected to be above 8% of GDP in 2025, higher than the official 7% target, although the government is preparing two additional extensive reform packages, targeting mainly the spending cuts and a higher efficiency in the public administration, notes the latest CEE Macroeconomic Analysis & Strategy report drawn up by UniCredit.
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