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ECOFIN approves Romania's 7-year fiscal plan but EC expects specific tax reforms
Romania's budgetary-structural plan was approved by the ECOFIN Council on January 21, alongside similar plans for 20 other EU member states, minister of investments and European projects Marcel Boloș announced on Facebook.
iulian ernst · Journalist
· Updated · 3 min read
Romania's budgetary-structural plan was approved by the ECOFIN Council on January 21, alongside similar plans for 20 other EU member states, minister of investments and European projects Marcel Boloș announced on Facebook.
Romania's budget deficit hit 8.6% of GDP in 2024, nearly three times the 3% upper limit, in the fourth year since the country entered the Excessive Deficit Procedure (EDP).
