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Finance minister Vladescu: 2010 will be a tough year, like 2011. The 2010 budget is an imposed one

de A.C.     HotNews.ro
Luni, 4 ianuarie 2010, 11:03 English | Business

Looking at the current budget, 2010 will be a tough year, just like 2011, Romanian Finance minister Sebastian Vladescu declared for Realitatea FM. The two unpleasant characteristics for the citizens are that the budget, overall, within the GDP is the lowest in Europe and Romania registers excessive spending.

Salary spending is over 9% while it should be 7%, Vladescu declared. He explained that the budget was mostly imposed and not chosen. He added that 2010 will be a year of change that will see important structural funds used because the need is maximum. 


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