The Council of EU finance ministers has set thresholds for Romania's net spending, calling for effective action by October 15, 2025.
Adrian Rusu
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Economy
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ECOFIN has reviewed Romania's net expenditure path, highlighting the lack of effective action under the excessive deficit procedure in 2020. Romania must present measures to reduce the deficit by October 15, 2025 and respect certain thresholds for net expenditure growth set for the following years, with the aim of putting an end to the excessive deficit by 2030.
Sources
ECOFIN: România trebuie să ia măsuri eficiente şi să prezinte măsurile necesare pentru a-şi reduce deficitul până la 15 octombrie 2025. Termenul pentru încheierea procedurii de deficit excesiv este până în 2030
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