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Romania Parliament Approves 2012 Budget With 1.9% of GDP Gap

December 26, 2011

The Romanian Parliament approved the government’s 2012 budget, which narrows the deficit by more than half to meet pledges to the European Union and the International Monetary Fund.Lawmakers voted 239-168 today in Bucharest in favor of the plan to narrow the fiscal gap to 1.9 percent of gross domestic product in 2012 from a target of 4.4 percent in 2011, said

The text of this article has been partially taken from the publication:
http://www.romanianewswatch.com/2011/12/romania-parliament-approves-2012-budget.html
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