BusinessInsider+
Erste Research says more fiscal corrections are needed in Romania, but downgrade can be avoided
To meet the 2025 deficit target of 7% of GDP, Romania has to achieve additional fiscal adjustment of 0.8–1.0% of GDP on top of the 1.85% already envisaged under the first fiscal corrective package, according to a research report by Erste…
iulian ernst · Journalist
· Updated · 2 min read
To meet the 2025 deficit target of 7% of GDP, Romania has to achieve additional fiscal adjustment of 0.8–1.0% of GDP on top of the 1.85% already envisaged under the first fiscal corrective package, according to a research report by Erste Group.
Delays increase the size of the adjustment, the financial group warns.
