Hotnews utilizează fişiere de tip cookie pentru a personaliza și îmbunătăți experiența Dumneavoastra pe site-ul nostru. Am actualizat politicile pentru a integra în acestea modificările specificate de Regulamentul (UE) 2016/679 privind protecția persoanelor fizice în ceea ce privește prelucrarea datelor cu caracter personal și privind libera circulație a acestor date. Va rugam sa cititi modul in care Hotnews.ro prelucreaza datele cu caracte personal. Prin continuarea navigării pe site-ul nostru confirmati acceptarea utilizării fişierelor de tip cookie conform The Romanian national currency, leu decreased to a new record to the euro currency after the Bucharest Executive announced that the economy will contract in 2010 more than estimated, the Wall Street Journal reads. The euro appreciated in the same afternoon in which Finance Minister Vladescu announced that the government decided to decrease estimates for this year with a 1-2% contraction - a consequence of the austerity measures like the VAT increase and budgetary sector salary decreases.
Recent events triggered an alarm for investors regarding the adjustment needed in Romania. Capital Economics economist Neil Shearing declared that the measures are painful.
The government announced the decision to increase VAT by 5 percentage points to 24%, as an alternative to pension cuts - a measure rejected by the Constitutional Court. Romanian authorities expressed their hope that the VAT increase will be enough to satisfy IMF demands.
IMF money is crucial for Romania.
Wall Street Journal: IMF money is crucial for Romanians / Analysts: It is highly unlikely for the IMF to give up on Romania
de A.C HotNews.ro
Miercuri, 30 iunie 2010, 11:02 English | Business
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