BUCHAREST (Reuters) -An "optimistic, realistic" budget deficit target for Romania in 2025 is 7.5% of economic output, President-elect Nicusor Dan said on Thursday, adding that preliminary talks on the ...

BUCHAREST/LONDON (Reuters) -Romanian centrist Nicusor Dan may have defied the odds to win the presidency, but now he faces an even more daunting task: forming a government that can implement years of ...

Romania secured initial European Union backing for a wider budget deficit goal of 8.4% of economic output this year, buying time for tough austerity measures that will deliver their full impact in ...

Romania's Ministry of Finance published for debate the draft emergency ordinance (OUG) on the second budget rectification of this year on the evening of November 27. According to the document, the ...

Romania's gross funding needs for 2026 are expected to grow to between 275 billion lei and 285 billion lei ($63 billion-$65 ...

Prime minister Ilie Bolojan said on Wednesday, December 10, that Romania’s state budget for 2026 will be adopted only at the ...

(Bloomberg) -- Romania’s government raised its budget deficit target ahead of general and presidential elections this year in the latest challenge to the European Union’s fiscal rules. The cabinet of ...

Financial rating agency Fitch Ratings has revised its estimates regarding the evolution of Romania's government deficit, which is expected to decrease this year to 8.5% of GDP, from the record level ...

The European Union is likely to offer the Romanian government a reprieve to introduce measures aimed at paring its ballooning budget deficit before moving to potential punitive action against the ...

Two months into 2024, Romania's budget deficit increased 1.7 times from the same period last year, to RON 28.99 billion or 1.67 percent of GDP, from RON 17.04 billion (1.07 percent of GDP) in the year ...

BUCHAREST, Romania — Thousands of protesters marched in Romania ’s capital on Wednesday, demanding higher wages, measures to curb inflation and tax reductions for workers as the government pushes on ...

BUCHAREST, Dec 12 (Reuters) - Romania's new liberal government is pushing ahead with the biggest increase in pensions in three decades as part of its 2020 budget amid growing concerns the country will ...