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Marius Nedelcu, TransferGo
Cash will become obsolete and this will be the result of digital finance advancement»
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Iohannis: 2017 budget is a problematic and risky one

President Klaus Iohannis said that the budget draft for 2017 is a problematic and risky one, pointing that there is the real risk for the deficit of three percent to be exceeded, according to Agerpres.

2017-02-14 14:58:54

"I found it right to know the opinion of the Government before making a decision on promulgation or resending to Parliament," said Iohannis.

"The budget, at a first analysis that I made, is a problematic and risky one," the head of state stated after the meeting he had at the Cotroceni with Prime Minister Premier Sorin Grindeanu and Minister of Finance, Viorel Stefan. "There are foreseen incomes that, in my opinion, are overvalued, and, on the other hand, are very high spending are provided for. There is the real risk for the deficit of three percent to be exceeded. We cannot overlook that here we have a very large amount of so-called commitment credits that will pressure the budgets. I am worried."



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