(Updates with target range in second paragraph.)
Oct. 24 (Bloomberg) -- Romanian President Traian Basescu said contagion from the Greek debt crisis should force the government to craft a deficit for 2012 of less than 3 percent of gross domestic product.
The government should calculate the exact figure and find the measures to reach that target next year, Basescu said in a speech today in Bucharest. Basescu said he “hopes” the shortfall may be as small as 1.5 percent to 1.7 percent of GDP.
“The entire region has been contaminated because of a delay in deciding how to solve the Greek crisis,” Basescu said.
--Editor: Alan Crosby
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