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President-elect Nicuşor Dan expects EC to give Romania more time for yearly report on fiscal plans
Romania has not sent the European Commission (EC) the Annual Progress Report on reducing the budget deficit, which it was supposed to send by April 30 as part of the implementation of the 7-year fiscal plan agreed in October 2024, the EC…
iulian ernst · Journalist
· Updated · 2 min read
Romania has not sent the European Commission (EC) the Annual Progress Report on reducing the budget deficit, which it was supposed to send by April 30 as part of the implementation of the 7-year fiscal plan agreed in October 2024, the EC confirmed for Profit.ro.
In principle, particularly since the fiscal reform is a [overdue] target under the Resilience Facility (RRF), this might result in the suspension of the disbursement of cohesion and RRF funds.
