Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at [email protected] 

 

Romanian budget revenues remain strong in September

Romania's budget revenues increased in September compared to the same month last year, finance minister Florin Citu claims.

September was the second month in a row when the budget revenues were higher, he said.

"We did what seemed to be impossible - increase budget revenue during the biggest crisis in the last hundred years," minister Citu said in a Facebook post, quoted by Adevarul.

He claims that the Government has taken the best measures so far, pushing 6% of GDP in the economy as a support package (the package is estimated at 7%  of GDP in another post), and the private sector responded positively.

After October 25, when some RON 14.4 bln (EUR 3 bln) worth of deferred corporate debt to budget becomes due, the Government will come with measures to support the private sector, minister Citu promises. "We leave no one behind!" he stated.

(Photo: Octav Ganea/ Inquam Photos)

[email protected]

Normal
Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at [email protected] 

 

Romanian budget revenues remain strong in September

Romania's budget revenues increased in September compared to the same month last year, finance minister Florin Citu claims.

September was the second month in a row when the budget revenues were higher, he said.

"We did what seemed to be impossible - increase budget revenue during the biggest crisis in the last hundred years," minister Citu said in a Facebook post, quoted by Adevarul.

He claims that the Government has taken the best measures so far, pushing 6% of GDP in the economy as a support package (the package is estimated at 7%  of GDP in another post), and the private sector responded positively.

After October 25, when some RON 14.4 bln (EUR 3 bln) worth of deferred corporate debt to budget becomes due, the Government will come with measures to support the private sector, minister Citu promises. "We leave no one behind!" he stated.

(Photo: Octav Ganea/ Inquam Photos)

[email protected]

Normal
 

Romania Insider Free Newsletters