National budget deficits in the EU narrowed to 3.2%, but Romania reported a negative 9.3% at the end of 2024
The 2025 draft budget will be built on a 7% deficit, without additional tax increases, says Finance Minister Tánczos Barna. Romania...
Romania’s budget deficit is close to the one in 2020, the year of the COVID-19 pandemic
The growth of Romania's economy will not be even half of what was estimated in 2024, and the deficit will reach 8% of the GDP, warns the European Commission.
By October 15, Romania should present the European Commission with a plan to reduce budget deficit, by October 15. Rating agencies,...
