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189 new news items in the last 24 hours
Tuesday 13:59

The government deficit in the EU has risen to 2.9% of GDP, with Romania having the largest deficit at 8.7%, although this has decreased from 10.3% of GDP in the last three months of 2024. Public debt in the euro area has increased to 88.2%.

Raluca Ioana Draghici
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According to Eurostat data, the seasonally adjusted government deficit in the European Union increased from 2.8% of GDP in the first quarter of 2025 to 2.9% in the April-June 2025 period. In the euro area, the deficit remained constant at 2.7%. Romania, with a deficit of 8.7% of GDP, remains the EU member state with the highest deficit, followed by Poland (8.5%) and France (5.4%). In contrast, some states, such as Cyprus and Denmark, reported surpluses.

Regarding public debt, the debt-to-GDP ratio increased in the euro area to 88.2% and in the EU to 81.9%. Romania recorded an increase in the debt-to-GDP ratio to 57.3%. The highest debts are found in Greece (151.2%) and Italy (138.3%). Compared to the first quarter of 2025, 15 member states reported increases in debt, while 12 had decreases. Romania had an increase of 1.4 percentage points, being among the most affected countries.

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Economedia
Deficitul României rămâne cel mai ridicat din UE, deși a scăzut la 8,7% din PIB în trimestrul doi
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Economica
România rămâne campioana deficitului în UE – date oficiale Eurostat

ȘTIRI PE ACELEAȘI SUBIECTE

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Economy
The budget deficit of Romania increased to 103 billion lei in 2025, despite the fiscal measures of the Bolojan Government, raising economic concerns.
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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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Economy
Romania recorded in September the highest inflation in the EU, at 9.88%, with significant increases in non-food goods and services.
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International
In 2024, 17.4% of the EU population considers itself poor, a decrease from 19.1% in 2023. Greece, Bulgaria, and Romania have the highest rates.
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Economy
The IMF urges governments to reduce debts and deficits, warning about global financial risks and the need to strengthen capital reserves.
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