Romania targets 2.4% of GDP fiscal consolidation in 2026, to 6% of GDP public deficit
Romania’s government estimates its public deficit to reach 8.4% of GDP under ESA methodology this year marking a 0.9 percentage points (pp) consolidation from 9.3% of GDP in 2024, and targets stronger, 2.4pp consolidation to a 6%-of-GDP…
iulian ernst · Journalist
· Updated · 3 min read
Romania’s government estimates its public deficit to reach 8.4% of GDP under ESA methodology this year marking a 0.9 percentage points (pp) consolidation from 9.3% of GDP in 2024, and targets stronger, 2.4pp consolidation to a 6%-of-GDP deficit in 2026 under the progress report sent to the European Commission (EC) under the Excessive Deficit Procedure (EDP) consulted by Economedia.ro.
Romania is supposed to file two such reports each year, with the second one due October 15, but it failed to submit the first report by April 15, prompting warnings from the EC in June.
