Romania, the EU state with the largest budget and current account deficits, is close to reaching its deficit target for 2026, says the country's president
In Romania, inflation is expected to drop by the end of 2026, to almost 3.5%, provided that measures to reduce the budget deficit are implemented.
Within a month, the inflation rate has gone up significantly, by over 2%, now nearing 10%, according to data from the National Institute of Statistics.
Romania no longer leads the EU ranking in terms of the highest average annual inflation rate
