Daniel Dăianu warns: Romania is facing an “economic hurricane”

Daniel Dăianu, president of the Fiscal Council, warned on Wednesday, September 23, at the launch conference of the second edition of the NewMoney.ro–INSCOP Economic Sentiment Index, that Romania is going through an “economic hurricane,” fueled particularly by the war on the border and international crises.

The economist cautioned that the favorable trend in inflation, which has been declining for approximately one month, could reverse. At the same time, interest rates are expected to rise as central banks tighten their monetary policies.

Dăianu said Romania urgently needs a government with full powers, a budget rectification, and continued fiscal-budgetary consolidation without increasing the deficit. He said the price cap on basic food products should be extended, viewing the measure as one of “lucidity,” not populism.

According to the estimates presented, Romania’s economy could record a recession of approximately 1% in 2026, followed by a return to growth in 2027. Dăianu also stated that changes to taxes and duties would not be necessary next year. He further highlighted Europe’s competitiveness problems, rising energy costs, and uncertainties surrounding the use of European funds.