The big budget correction will actually start in 2026, while package 1 only managed to put the deficit back on the reduction track agreed by
Romania’s military, humanitarian and financial support for Ukraine between February 2022 and June 2025 amounts to EUR 1.5 billion, meaning 0.6% of the GDP in
The socio-economic context requires responsibility from the political class in order to quickly form a new government and maintain a solid majority in Parliament that
The National Institute of Statistics (NIS) significantly revised the data on the negative contribution of investments (gross fixed capital formation) to GDP growth in 2024,
Romania’s economy stood out in the region with a performance far below expectations at the end of 2024, with results for the whole year being
In addition to the trade deficit increase, the evolution of Romania’s exports and imports in the last six years (the data for 2024 concerns only
Romania’s budget deficit will amount to 8.6% of GDP in 2024 (cash methodology), according to a GEO draft published by the Ministry of Finance and
The Ministry of Finance has made transparent the national budget structural plan for the medium term – 2025-2031, which stipulates the provision of a trajectory
The written proposal, presented last week to representatives of the European Commission by the Prime Minister and the Ministry of Finance, estimates a budget reform
The Ministry of Finance asked the European Commission that returning to the 3% of GDP deficit target should occur over a period of 7 years
A high inflation rate generally has negative effects on the economy and society by reducing the purchase power of income, discouraging saving, reducing investments, increasing
The execution of the general consolidated budget in the first eight months of 2020 registered a deficit of RON 54.77 billion (5.18% of GDP, an
Romania recorded the largest public deficit among the EU states in 2018, according to data published by Eurostat, except for Cyprus (-4.8% of GDP last
Analysts’ scenarios on the evolution of the exchange rate are rather prudent for the coming months, but severe for the beginning of the next year
The Government’s agenda for Wednesday also includes the draft decision to increase the foreign loans ceiling for 2019 and 2020 by EUR 4 billion, up
Minister Eugen Teodorovici is pressured by the EU to reduce the budget deficit After finding that the Government has done nothing to adjust the deviation
The Ministry of Public Finance (MFP) intends to borrow in November RON 4.74 billion, 1.4% more than in the previous month, according to the Ministry.
Last year, Romania was the EU country with the lowest public revenue related to GDP (30.5%), with the exception of Ireland (which was in a
At the end of the first half of the year, the general consolidated budget registered a deficit of about RON 15 billion, an amount
Fitch Ratings confirmed on Friday Romania’s rating for long-term foreign and local currency debt at BBB-, with a stable outlook, but warned that fiscal loosening
The big budget correction will actually start in 2026, while package 1 only managed to put the deficit back on the reduction track agreed by
Romania’s military, humanitarian and financial support for Ukraine between February 2022 and June 2025 amounts to EUR 1.5 billion, meaning 0.6% of the GDP in
The socio-economic context requires responsibility from the political class in order to quickly form a new government and maintain a solid majority in Parliament that
The National Institute of Statistics (NIS) significantly revised the data on the negative contribution of investments (gross fixed capital formation) to GDP growth in 2024,
Romania’s economy stood out in the region with a performance far below expectations at the end of 2024, with results for the whole year being
In addition to the trade deficit increase, the evolution of Romania’s exports and imports in the last six years (the data for 2024 concerns only
Romania’s budget deficit will amount to 8.6% of GDP in 2024 (cash methodology), according to a GEO draft published by the Ministry of Finance and
The Ministry of Finance has made transparent the national budget structural plan for the medium term – 2025-2031, which stipulates the provision of a trajectory
The written proposal, presented last week to representatives of the European Commission by the Prime Minister and the Ministry of Finance, estimates a budget reform
The Ministry of Finance asked the European Commission that returning to the 3% of GDP deficit target should occur over a period of 7 years
A high inflation rate generally has negative effects on the economy and society by reducing the purchase power of income, discouraging saving, reducing investments, increasing
The execution of the general consolidated budget in the first eight months of 2020 registered a deficit of RON 54.77 billion (5.18% of GDP, an
Romania recorded the largest public deficit among the EU states in 2018, according to data published by Eurostat, except for Cyprus (-4.8% of GDP last
Analysts’ scenarios on the evolution of the exchange rate are rather prudent for the coming months, but severe for the beginning of the next year
The Government’s agenda for Wednesday also includes the draft decision to increase the foreign loans ceiling for 2019 and 2020 by EUR 4 billion, up
Minister Eugen Teodorovici is pressured by the EU to reduce the budget deficit After finding that the Government has done nothing to adjust the deviation
The Ministry of Public Finance (MFP) intends to borrow in November RON 4.74 billion, 1.4% more than in the previous month, according to the Ministry.
Last year, Romania was the EU country with the lowest public revenue related to GDP (30.5%), with the exception of Ireland (which was in a
At the end of the first half of the year, the general consolidated budget registered a deficit of about RON 15 billion, an amount
Fitch Ratings confirmed on Friday Romania’s rating for long-term foreign and local currency debt at BBB-, with a stable outlook, but warned that fiscal loosening
