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Romanian FinMin says public deficit of above 8% of GDP this year is currently discussed with EC
Finance minister Alexandru Nazare said on September 16 that Romania will end 2025 with a fiscal deficit that will exceed 8% of GDP, but assured that the new target is currently being negotiated and discussed with the European Commission.
iulian ernst · Journalist
· Updated · 2 min read
Finance minister Alexandru Nazare said on September 16 that Romania will end 2025 with a fiscal deficit that will exceed 8% of GDP, but assured that the new target is currently being negotiated and discussed with the European Commission.
The EC is expected to review Romania's budgetary conduct under the Excessive Deficit Procedure on October 15.
