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135 new news items in the last 24 hours
  1. Home
  2. Economy

Finance Minister Alexandru Nazare underlines Romania's economic vulnerabilities and budgetary instability, calling for a reconstruction of the budget on solid foundations.

Adrian Rusu
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1 July 2025, 08:33
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Alexandru Nazare, Minister of Finance, said Romania faces a vulnerable economy and an unstable budgetary foundation, with a budget deficit consistently above 6% of GDP over the last five years. He pointed out that economic growth has been fueled by excessive consumption and borrowing, while spending has been unrealistic. Nazare stressed the need for a sound-based budget reconstruction and proposed a realistic approach to revenue collection and expenditure management to ensure a sustainable economic model.

Sources

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Spotmedia
Alexandru Nazare, după prima săptămână din noul mandat: Am întins plapuma mai mult decât ne permiteam
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Stiripesurse
Alexandru Nazare bagă bățul prin grad, spre Ciolacu, după măsurile de austeritate: Ni s-a livrat iluzia unei economii în creștere
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News.ro
Alexandru Nazare, după prima săptămână din noul mandat: Am regăsit o economie vulnerabilizată în timp şi o fundaţie bugetară tot mai instabilă / Am întins plapuma mai mult decât ne permiteam
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Ziarul Financiar
Deşi e membru al CA al BNR şi a avut numai funcţii la stat, noul ministru de finanţe, Alexandru Nazare, şi-a dat seama că toată creşterea economică este falsă: „A fost doar o creştere pe datorie“

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NEWS ON THE SAME TOPICS

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The interim Minister of Finance, Alexandru Nazare, warns that Romania cannot accept legislative initiatives with additional budgetary impact in extraordinary sessions.
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Alexandru Nazare estimates the beginning of deflation this autumn.
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Interim Minister of Finance, Alexandru Nazare: "If Romania manages to maintain its fiscal-budgetary trajectory, it can aspire to improve its country rating in 2027."
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Interim Minister of Finance, Alexandru Nazare: "We have done everything in our power, at a technical level, so that Romania is not downgraded, but I do not exclude this risk, it still exists."
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Alexandru Nazare has decided to be part of the Veștea Government after a discussion with the governor of the BNR, Mugur Isărescu
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Alexandru Nazare participates in the ECOFIN meeting in Cyprus, focused on fiscal consolidation, the use of European funds, and the financing of strategic investments.
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Alexandru Nazare Minister of Finance

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