The European Commission will on Wednesday assess Romania's progress in reducing its budget deficit, which is the highest in the EU at 9.3% of GDP
Gabriel Dumitrache
Current Affairs
Foto: Shutterstock
Always see our news on Google
The European Commission will announce on Wednesday its assessments of member states' budget deficits, including Romania, which has the biggest deficit in the EU. Romania has pledged to reduce the deficit to 7% in 2023 and 3% by 2030, but progress has been poor. The necessary tax reform has also not been proposed, which could lead to the suspension of EU funds. The assessment will influence international investors and rating agencies, with Romania at risk of being labeled junk.
Sources
Comisia Europeană anunță miercuri o evaluare critică pentru România, țara cu cel mai mare deficit bugetar din Uniunea Europeană
Comisia Europeană anunță miercuri o evaluare critică pentru România, țara cu cel mai mare deficit bugetar din Uniunea Europeană
Comisia Europeană urmează să anunțe dacă acceptă să acorde României o păsuire pentru redresarea bugetară
Latest News
17:30
Joe Biden describes Zelensky as “moody” and compares Putin’s attitude to that of a teenager in his memoirs
17:12
The Minister of Health announced the results of the 2026 Residency Exam / The highest scores were 943 in Medicine, 936 in Dentistry, and 925 in Pharmacy
16:58
Prime Minister Luca Niculescu, message on the 39th anniversary of the anti-communist uprising in Brașov: “We remember with respect and gratitude those who [...] had the courage to confront an unjust regime”
16:36
Hundreds of thousands of Czechs protest in Prague / Demonstrators denounce the reform of public media funding
16:19
Voters in the Autonomous Territorial Unit of Gagauzia have reached the turnout threshold required to validate the elections
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
