Prime Minister Ilie Bolojan has warned that Romania is facing ‘a high risk’ of insolvency if a second package of fiscal measures, including public administration and health reforms, is not adopted by the end of August. Romania has a budget deficit of 9.3% the highest in the European Union and the government has hiked VAT … Continuă lectura Romanian faces ‘high risk’ of insolvency if more fiscal measures not adopted: PM