Romanian finance minister says fiscal package aligns with EU talks, aims for positive review

Romanian finance minister Alexandru Nazare said Thursday, July 3, that the government’s new fiscal package had been negotiated with the European Commission and could receive a favorable assessment if adopted before the upcoming ECOFIN Council meeting, News.ro reported. Speaking at a press conference, he said the package marks the beginning of a new phase for Romania, one focused on building a solid foundation for a stable, investment-oriented economy.

According to the minister, the package is expected to generate RON 9.5 billion in additional revenue for 2025, while associated spending is projected at RON 1.2 billion. Savings from capping bonuses for hazardous work conditions will bring the total net impact for 2025 to RON 10.75 billion.