Eurostat Withdraws Its Reservation to Romania’s Budget Data
The European Union’s statistics office Eurostat said today it has withdrawn its reservation about the quality of Romania’s budget-deficit and government- debt data reported in April, according to a statement on its website.
“Eurostat has withdrawn the reservation expressed on the data reported by Romania in the April 2011 notification due to uncertainties on the impact of some public corporations on the government deficit,” Eurostat said in the statement.
“Eurostat has confirmed that in the October 2011 notification the above mentioned items have been recorded according to ESA95 methodology and the related manuals.”
To contact the reporter on this story: Irina Savu in Bucharest at isavu@bloomberg.net
To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net
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