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169 new news items in the last 24 hours
21 October 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
Romania's public finances are in a critical situation, with estimated debt expected to exceed 60% of GDP and interest that will consume 9.6% of the state's total revenues by 2026.
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Economy
Romania's government debt rises to 58.9% of GDP in July 2025, exceeding the threshold of 1.070 billion lei
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Economy
Romania's budget deficit reached 5.39% of GDP, amounting to 102.47 billion lei, in the first nine months of 2025.
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Economy
The European Commission forecasts a low budget deficit for Romania of up to 6.2% of GDP in 2026 and an economic growth of 1.1%
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Economy
The government debt of Romania reached 1,070.18 billion lei in July 2025, representing 58.9% of GDP, with a significant increase compared to the previous month.
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