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155 new news items in the last 24 hours
23 October 20:18

Prime Minister Ilie Bolojan stated that austerity measures are necessary to correct Romania's huge budget deficit, resulting from excessive borrowing.

Sanziana Georgescu
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Economy
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Prime Minister Ilie Bolojan emphasized that austerity measures are inevitable for any government, in the context of Romania's growing budget deficit, generated by excessive borrowing. He explained that the country spends 30 billion euros more than it can afford, which has led to a decrease in confidence in the economy and an increase in interest rates. Bolojan mentioned that, to avoid the suspension of European funds, the government was forced to implement urgent measures, including tax increases.


He also addressed the need for reform in local and central administration, stating that social tensions are high and that effective solutions must be found. In conclusion, he mentioned that any party that believes the government is not fulfilling its duty can submit a motion of no confidence.

Sources

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Romania TV
Ilie Bolojan, mesaj tăios pentru Grindeanu: „Eu pot să plec mâine, dar să mi se spună care sunt soluţiile geniale care nu deranjează pe nimeni”
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Hot News
Bolojan, avertisment despre „efectele” declarațiilor făcute de Grindeanu. Premierul îi sugerează liderului PSD să facă majoritate „cu AUR, cu cine se poate” dacă e nemulțumit de Guvern
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Antena3
Bolojan răspunde atacurilor PSD pe legea pensiilor magistraților: Am întrebat în Guvern dacă sunt obiecții. Nimeni nimic
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B1TV
Ilie Bolojan, după declarațiile lui Grindeanu: „Eu pot să plec mâine”. Premierul îi sugerează să facă majoritate „cu AUR”, dacă e nemulțumit de Guvern

ȘTIRI PE ACELEAȘI SUBIECTE

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Current Affairs
Prime Minister Ilie Bolojan stated that reforms in the pensions of magistrates and public administration are essential for reducing expenses and improving the budget.
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Economy
Prime Minister Ilie Bolojan emphasizes Romania's budget crisis, caused by high interest rates on external loans and inefficient management of public funds.
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Economy
Prime Minister Bolojan discussed the economic measures and the deficit target of 8.4% for this year, emphasizing the importance of the months of November and December.
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Economy
Bolojan: Debts will affect any government, solutions require courage
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Economy
Prime Minister Ilie Bolojan announced a deficit of almost 30 billion euros for 2025, equivalent to 25% of Romania's annual revenues.
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Ilie Bolojan austerity measures budget deficit deficit correction local government

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