budget
Romania’s budget deficit up sharply as public spending spirals
Romania’s finance ministry has confirmed that the general government budget deficit rose by 70% y/y to RON29bn (€5.8bn) in the first two months of...
Bloomberg: Romania offers dollar bonds, following eastern EU debt sales
Romania is tapping international markets for the first time in 2024 to take advantage of high demand for emerging-market debt after its regional peers...
Romania’s parliament adopts 2024 budget, deficit set at 5%
Romania's parliament said it approved the 2024 state budget, which projects a deficit equivalent to 5% of gross domestic product (GDP) and 3.4% economic...
Romania’s pension reform raises fiscal risks, rating agencies warn
Romania has yet to present credible measures to offset the budget impact of planned pension hikes in the 2024 election year, Standard & Poor's...
Romania ends 2021 with 6.7%/GDP budget gap
Romania's consolidated budget deficit declined to 6.7% of the projected gross domestic product (GDP) in 2021, from 9.79% of GDP a year earlier, finance...
Romanian president endorses 2022 budget projecting 5.84% deficit, 4.6% GDP growth
Romania's president Klaus Iohannis on Tuesday evening endorsed the 2022 state budget, which projects a cash deficit equivalent to 5.84% of gross domestic product...
Romania’s budget deficit increases to 4.7% of GDP after 11 months
Romania's Finance Ministry said on Monday that the country's general consolidated budget deficit increased to 4.7% of the Gross Domestic Product (GDP) after the...
Romania’s fast-tracked budget criticized by civil society
Romania’s government adopted its proposal for next year’s budget on Monday and parliament plans to adopt it before the Christmas break but the rapid...
Romania’s budget deficit narrows to 3.77% of GDP in the first 9 months of 2021
Romania's Ministry of Finance announced the country's consolidated budget for the first nine months of 2021 amounted to a deficit of RON 44.3bln (3.77%...
Foreign Investors Council: Investment, the trigger that can restart the economy
The Foreign Investors Council (FIC) welcomes the Parliament’s approval of the budget on Tuesday, in a press release. FIC believes that the budget reflects...