financial situation

Constantin Toma: Ciolacu is largely to blame for the country’s financial situation

Former Prime Minister Marcel Ciolacu is largely to blame for the country's financial situation, says the PSD mayor of Buzău, Constantin Toma.

Fin Min To Assess Budget Resources, Situation Far Worse –Romanian Social Democrat Head

Romanian social democrat head Mircea Geoana said Monday the finance minister will assess the budget resources in the near future, as “the situation is far worse” than expected, and guaranteed the priorities of the governing agenda will be visible in the budget for 2009.