BUSINESS

President Basescu: If we keep borrowing for salaries and pensions, we’ll go bankrupt

President Traian Basescu said Friday in Mangalia that he supports the fiscal strategy adopted by the government, because if Romania stays on the position of a country that pays state salaries and pensions with borrowed money, “then we’ll all go bankrupt,” Mediafax reports. According to Basescu, Romania will take loans…...

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