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67 new news items in the last 24 hours
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  2. Economy

The Mayor of the Capital, Ciprian Ciucu, warns about the budget crisis caused by the Ciolacu Government's ordinance: "It's not that we don't have money, we don't even have enough to step outside."

Sanziana Georgescu
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7 February 2026, 08:45
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The General Mayor of the Capital, Ciprian Ciucu, stated that the budget of Bucharest is in a critical situation, describing it as an "elephant in the room". He emphasized that the budgetary disaster began in 2023, with the ordinance of the Ciolacu Government, which reduced income tax rates for municipalities. Ciucu explained that the City Hall started the year with only 317 million lei, much less than in previous years, which leads to an inability to pay.

The mayor mentioned that he will have to implement reforms and cut expenses, including through the restructuring of institutions. He highlighted the large debts of the City Hall, including lost lawsuits and subsidies for public transport, which severely affect the budget. Ciucu emphasized that, although he would like to raise taxes, the revenues would go to the sector city halls, leaving him without fiscal flexibility. He promised that he would do everything necessary to balance the budget, but warned that the measures would not be sufficient to solve the city's financial problems.

Sources

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Antena3
Ciucu, despre criza de la Primăria Bucureştiului: "N-avem bani nici măcar să ieşim pe uşă". Când ar fi început dezastrul bugetar
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News.ro
Primarul Capitalei: Elefantul din cameră este bugetul / Nu avem bani nici să ieşim din cameră / Dezastrul bugetar a început pentru Bucureşti cu ordonanţa-trenuleţ a lui Ciolacu / A luat de la municipii cotele de impozit pe venit
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Stiripesurse
Primarul Capitalei arată acuzator spre Marcel Ciolacu: 'Elefantul din cameră este bugetul. Nu avem bani nici să ieşim din cameră

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Ciprian Ciucu stated that since taking office he has not had a single week without financial problems.
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Ciprian Ciucu: The Capital City Hall is facing major financial problems.
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Ciprian Ciucu: "The devil made me run for election these two years." The mayor warns about the risk of insolvency of the Capital.
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General Mayor Ciprian Ciucu: Bucharest City Hall lost 80% of the PNRR funds before I became mayor
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Ciprian Ciucu warns that Bucharest is in danger of bankruptcy due to high subsidies for public transport and heating.
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