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
.webp)
Economy
Foto Inquam Photos / George Călin
Always see our news on Google
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
Mugur Isărescu: ”Nu sunt sigur că o ne încadrăm în ţinta de 7%”
Isărescu: Nu sunt sigur că o să ne încadrăm în ţinta de deficit bugetar de 7%
Guvernatorul Băncii Naţionale a României: Nu sunt singur că o să ne încadrăm în ţinta de deficit de 7%
Isărescu, vești proaste pentru Bolojan, legat de deficit: "Nu sunt pesimist, încerc să fiu realist"
Latest News
10:26
The Commission maintains the battery recycling targets and points to the need to expand treatment capacity in the EU
10:11
Saudi Arabia shuts down the East-West pipeline, which transported 5% of the world’s oil, following a massive drone attack on oil infrastructure
09:52
Alert in Bulgaria after an explosion caused a fire at an EMCO weapons depot
09:35
Kirilo Budanov: Europe is beginning to understand the threat of Russia's hybrid warfare
09:16
Alexander Zverev - Ben Shelton, the men's final at the 2026 US Open
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
