10.10.2025

The upward revision to Romania’s 2025 budget deficit highlights the challenge of arresting the severe deterioration in the public finances and implementing consolidation measures sufficient to more

10.01.2025

Romania's Fiscal Council believes the new budget coordinates, following the revision proposed by the Government, are compatible with a budget deficit of around 8.4% of gross domestic product (GDP) in more

07.28.2025

Romania’s general consolidated budget posted a deficit of RON69.8 billion in January-June 2025, or 3.68% of the gross domestic product (GDP), compared with a deficit of RON63.67 billion or 3.62% of more

06.27.2025

Romania’s general consolidated budget posted a deficit of RON64.2 billion in January-May 2025, or 3.39% of the gross domestic product (GDP), compared with a deficit of RON60.1 billion or 3.41% of more

06.04.2025

The European Commission on Wednesday published the 2025 country reports assessing the economies, labor market and social situation of every member country in line with the priorities set in the more

03.26.2025

Romania’s general consolidated budget posted a deficit of RON30.24 billion in January-February 2025, or 1.58% of the gross domestic product (GDP), compared with a deficit of RON28.99 billion or more

02.27.2025

Romania’s general consolidated budget posted a deficit of RON11 billion in January 2025, or 0.58% of the gross domestic product (GDP), compared with a deficit of RON7.89 billion, or 0.45% of GDP, more

01.02.2025

Romania’s general consolidated budget posted a deficit of RON125.72 billion in January-November 2024, or 7.12% of the gross domestic product (GDP), which is 71% higher than in the year-ago period. more

11.28.2024

Romania’s general consolidated budget posted a deficit of RON109.42 billion in January-October 2024, or 6.19% of gross domestic product (GDP), which is 75% higher than the RON62.81 billion deficit more

09.27.2024

Romania’s general consolidated budget posted a deficit of RON81 billion in January-August 2024, or 4.57% of gross domestic product (GDP), which is almost double the deficit of RON42.19 billion more

09.23.2024

The Fiscal Council reiterates the estimate that Romania will end 2024 with a cash budget deficit of around 8% in its Opinion on the draft of the first revision of the state budget, saying that the more

09.18.2024

Romania will have a budget deficit of 7% of gross domestic product (GDP) in 2024, which will be the highest in the European Union, analysts of International Rating Agency Fitch Ratings said in a more

04.26.2024

Government budget spending increased by 23% to RON168 billion in the first quarter of 2024, data on the execution of the general consolidated budget of Romania released by the Finance Ministry on more

04.01.2024

Ever since 2019, Romania has been in a complicated budgetary context and a balanced approach from the authorities is needed to ensure the assumed deficit for 2024. more

02.14.2024

Romania's economy may accelerate in 2024 up to nearly 2.8%, driven by household expenditures and a gradual rebound in exports, while investment growth will remain solid, in line with an analysis by more

10.26.2023

Romania’s general consolidated budget posted a deficit of RON56.46 billion in January-September 2023, or 3.55% of gross domestic product (GDP), as compared to a budget gap of RON41.70 billion (2.96% more

09.29.2023

Romania’s general consolidated budget posted a deficit of RON42.19 billion in January-August, 2023, or 2.65% of gross domestic product (GDP), as compared to a budget gap of RON32.98 billion (2.34% more

08.16.2023

Romania's Fiscal Council has revised its 2023 budget deficit projection upwards to over 6% of gross domestic product (GDP), in the absence of measures aimed at correcting the budget gap, as per data more

07.26.2023

Romania’s general consolidated budget posted a deficit of RON37 billion in January-June 2023, or 2.3% of gross domestic product (GDP), higher by almost RON14 billion than the level recorded in the more

07.14.2023

The American Chamber of Commerce in Romania (AmCham Romania) calls on decision-makers to pursue transparency and a long-term vision in defining the measures to reduce the budget deficit. more

06.28.2023

Romania’s general consolidated budget posted a deficit of RON37 billion in January-May 2023, or 2.3% of gross domestic product (GDP), as compared to a budget gap of RON21 billion in the same period more

04.28.2023

Romania’s general consolidated budget posted a deficit of RON22.75 billion in January-March 2023, or 1.42% of gross domestic product (GDP), the finance ministry said on Friday (April 28). more

01.30.2023

Romania’s consolidated budget posted RON81 billion deficit in 2022, higher than the RON80 billion of 2021, Finance Ministry data show. more

12.28.2022

Romania’s general consolidated budget posted a deficit of RON58.70 billion in the first eleven months of 2022, Finance Ministry data showed. more

06.27.2022

Romania’s general consolidated budget posted RON20.90 billion deficit in the first five months of 2022, lower than the RON26.18 billion level reported in the year-ago period, in line with finance more