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58 new news items in the last 24 hours
  1. Home
  2. Economy

NBR Governor Mugur Isărescu said that measures to cut spending are more complicated than raising taxes, underlining the difficulties encountered in the process.

Cristina Petrache
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12 August 2025, 15:06
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Economy
Foto Inquam Photos / George Călin
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Mugur Isărescu expressed concerns about reaching the 7% deficit target, saying that cutting spending is more complicated than raising taxes. He stressed that these measures require legislative changes and complex solutions. Isărescu also highlighted the external risks affecting the Romanian economy and emphasized the importance of a realistic fiscal correction to maintain social and political stability. The NBR continues to support a fiscal approach that ensures the country's credibility.

Sources

sursa imagine
Cotidianul
Mugur Isărescu: ”Nu sunt sigur că o ne încadrăm în ţinta de 7%”
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Observator news
Isărescu: Nu sunt sigur că o să ne încadrăm în ţinta de deficit bugetar de 7%
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News.ro
Guvernatorul Băncii Naţionale a României: Nu sunt singur că o să ne încadrăm în ţinta de deficit de 7%
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Ziare.com
Isărescu, vești proaste pentru Bolojan, legat de deficit: "Nu sunt pesimist, încerc să fiu realist"

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The governor of the NBR, Mugur Isărescu, appreciates that the new government must maintain the current level of taxes and avoid tax cuts to ensure fiscal adjustment.
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The Governor of the National Bank of Romania, asked if there is a real risk that Romania will reach a state of insolvency: ''In no way are we in such a situation to stop payments''
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The governor of the BNR, Mugur Isărescu, rejects the hypothesis of artificial maintenance of the exchange rate, stating that the Bank has bought foreign currency.
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