Desperate for liquidity, Romania’s government is looking to the country’s children for a new source of finance. As of January 1, all Romanian children under the age of 18 have been offered a savings account at the state treasury, with...
Tag - Romania Budget Deficit
No country has ever been less prepared, less qualified and less willing to assume the rotating presidency of the European Council than Romania, whose government is...
The European Council adopted a resolution on December 5 which states that Romania has failed to take effective action to correct significant budgetary deviation. The...
