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Romania publishes 7-year fiscal consolidation plan
The Romanian government published on October 25 the medium-term fiscal-structural plan, the document which provides a set of reforms that would eventually result in a trajectory for the adjustment of the budget deficit for a period of 7…
iulian ernst · Journalist
· Updated · 2 min read
The Romanian government published on October 25 the medium-term fiscal-structural plan, the document which provides a set of reforms that would eventually result in a trajectory for the adjustment of the budget deficit for a period of 7 years.
The plan, already submitted to the European Commission, must be approved by the Commission before it becomes the official document to guide Romania on its way out of the Excessive Deficit Procedure.
