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8/1/07

Romania gets ready

Economist.com

"Romania gets ready

Jul 31st 2007
From the Economist Intelligence Unit ViewsWire
Preparing for EU membership threatens fiscal health

Romania’s budget recorded a small deficit in the first half of the year, but is likely to run close to the EU-mandated 3% of GDP limit for the year as a whole as Prime Minister Calin Popescu Tariceanu’s government embarks on a massive infrastructure and welfare programme, designed to bring those areas of Romanian life into line with the rest of the EU."

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