National Bank of Romania – Annual Report 2008

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The share of fiscal debt in Romanian GDP exceeded the 3% limit imposed by the Maastricht criteria, according to the National Bank of Romania's Annual Report for 2008. This was a step backward, as the country had fulfilled both the fiscal deficit and public debt components of the government budgetary criterion in 2007, the central bank noted.

Inflation on average stood at 7.85%. End-of-period inflation, at 6.3% (December/December) improved from 2007, when it stood at 6.57%. The report observed

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