Central bank

FinMin Citu: Budget revenues in May will not look very good, strong June is needed

Budget revenues in May will not look very good, so fiscal and monetary policies need to be relaxed even more, so that revenues in June are very good, the Minister of Public Finance Florin Citu said on Friday to the private TV broadcaster Digi 24. "In April, in the midst of an overlapping crisis, both economic and health, we managed to collect more to the budget than last year.

ECB welcomes 'positive' economic developments in Greece in 2019

The European Central Bank said it "very much welcomes the positive economic and financial developments" observed in Greece in the course of 2019.

The central bank said there had been positive developments in the Greek real economy and financial markets for some time before the outbreak of the coronavirus.

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