UniCredit expects Romania's public deficit at 8.5%-of-GDP this year
UniCredit Bank, in a report issued on July 14, projects Romania's public deficit to reach 8.5% of GDP this year in ESA terms, down from 9.3% in 2024 – a projection rather on the pessimistic side compared to the European Commission's…
iulian ernst · Journalist
· Updated · 2 min read
UniCredit Bank, in a report issued on July 14, projects Romania's public deficit to reach 8.5% of GDP this year in ESA terms, down from 9.3% in 2024 – a projection rather on the pessimistic side compared to the European Commission's 8.6%-of-GDP projection without the July 7 fiscal package and the 7.8%-of-GDP forecast issued on July 10 by Moody's.
Prime minister Ilie Bolojan recently said the government is striving to reach a deficit of "around 8% of GDP" in 2025 – speaking in cash terms (likely to exceed the ESA metric this year).
