Romanian PM announces third budget correction for the year, despite only two allowed

Liberal PM Ludovic Orban, who has taken over from the Social Democratic government last month, announced in a blitz government session on Friday morning that a new budget correction would be applied on Monday. It is aimed to refuel the reserve fund of the government for payments to local authorities.But this would be the third budget correction for the year, while the legislation on fiscal responsibility only allows two per year - both in the second half of the ...

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