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

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.