The European Union is worried about Romania’s budget deficit and presently assessing the measures taken by the Bucharest government aimed at curbing it
The Gross Domestic Product the main indicator for measuring the Romanian economy, grew by only 0.2% in the last year, according to data from the National Institute of Statistics.
National budget deficits in the EU narrowed to 3.2%, but Romania reported a negative 9.3% at the end of 2024
By October 15, Romania should present the European Commission with a plan to reduce budget deficit, by October 15. Rating agencies,...
Romania has been struggling with excessive budget deficit for several years
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The visit of the IMF mission to Bucharest ended with recommendations for the Romanian authorities.
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The economy of the EU seems to have overcome the successive crises of the past few years
