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Parliament in Bucharest has endorsed budget adjustments promoted by the Social-Democratic opposition and sharply criticized by the Liberal government
Romanias GDP dropped over 12% in the second quarter of the year, compared to the first, the National Statistics Institute announced
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The European Commission has warned that the European economy will face deep and uneven recession, followed by uncertain recovery.
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Romania has a robust economic growth, which continues to be chiefly based on consumption, says the Central Bank governor Mugur Isarescu
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