CEC Bank expects Romania's twin deficit to narrow in 2025
Romania's twin fiscal and current account deficits will narrow in 2025 in line with softer pressures posed from both the public and private, under the baseline scenario drafted by CEC Bank's Head of Asset and Liability Management Ionut…
iulian ernst · Journalist
· Updated · 2 min read
Romania's twin fiscal and current account deficits will narrow in 2025 in line with softer pressures posed from both the public and private, under the baseline scenario drafted by CEC Bank's Head of Asset and Liability Management Ionut Lianu quoted by Economica.net.
The fiscal consolidation and lower (if any) real rise of the average wages will moderate the public and private demand, respectively, with a positive impact on the current account deficit, he explained.
