RO Govt. ponders 1%-of-GDP economic stimulus package

Romania’s Government has prepared a package of measures amounting to “at least 1% of the GDP”, to mitigate the negative impact of the Covid-19 pandemic on the local economy, finance minister Florin Citu said on Saturday, Ziarul Financiar reported.

“If the estimates made these days regarding the economic growth in the EU are true, a substantial package will be needed, from public and private resources, to support the Romanian economy – at least 1% of GDP,” the finance minister wrote in a Facebook post, according to Romania-Insider.com.

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