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PM Tudose: A 3.2pct H1 deficit means below 3pct at year-end; August revision, mostly positive

Prime Minister Mihai Tudose says the government deficit of 3.2 percent of the of Gross Domestic Product (GDP) in mid-2017 means one below 3 percent at the end of the year, noting that opposition voices claiming there is no money to pay the pensions and wages show irresponsibility as far …

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Japanese Companies In Great Britain May Relocate Their Businesses To Romania

Japanese companies in Great Britain want to move their businesses to Romania, in the context of Brexit and due to the economic growth registered by Romania, but are calling on the government to ensure a predictable economic environment, government sources told MEDIAFAX on Wednesday. (mediafax)

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US confirms CIA is ending support for Syria rebels

The head of the U.S. military’s special operations confirmed Friday that the Central Intelligence Agency is shutting down its program to support rebels fighting against Syrian President Bashar Assad. Gen. Tony Thomas denied that the 4-year-old operation was brought to an end as a way to placate Russia and earn …

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Iraq paramilitary troops kill three senior IS leaders

Three senior Islamic State leaders were killed in Tal Afar town, west of Mosul, the Shia-led paramilitary troops said on Friday. A statement by Saraya al-Jihad militia, affiliated to al-Hashd al-Shaabi (Popular Mobilization Units) said troops “identified the bodies of IS members, who were killed on Thursday while infiltrating behind …

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Egypt launches largest military base in Middle East

Egyptian President Abdel Fattah al-Sisi inaugurated on Saturday the largest military base of the Middle East in the coastal city of Alexandria. The president raised the Armed Forces flag on the new base in el Hammam city, west of Alexandria. The military base was named after late president Mohamed Naguib, …

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