President Nicușor Dan reacted to the INS announcement regarding the technical recession of the Romanian economy, highlighting that it is the result of a 2% contraction in consumption. He emphasized that the reduction in consumption was caused both by the decrease in purchasing power and by caution regarding the economic future. Dan mentioned the progress in reducing the budget deficit without external assistance and pointed out that Romania's economy has slowed down in the last four years, despite large deficits.
He urged politicians to focus on structural issues and called on citizens to continue to put pressure on decision-makers. Despite the challenges, Dan expressed optimism about the private economy and government programs that can generate development. Prime Minister Ilie Bolojan commented that the recession was inevitable, as Romania is transitioning from a deficit and consumption-based model to one centered on investments and budgetary discipline.
He urged politicians to focus on structural issues and called on citizens to continue to put pressure on decision-makers. Despite the challenges, Dan expressed optimism about the private economy and government programs that can generate development. Prime Minister Ilie Bolojan commented that the recession was inevitable, as Romania is transitioning from a deficit and consumption-based model to one centered on investments and budgetary discipline.
Sources
Nicuşor Dan, după anunţul privind recesiunea tehnică: Responsabilii politici să se preocupe mai mult de problemele structurale şi mai puţin de zgomot şi lozinci. Iar dumneavoastră, cetǎţenii, continuaţi să puneţi presiune pe decidenţi
Nicușor Dan, despre intrarea României în recesiune: Să privim cu echilibru. Avem motive de optimism
Recesiunea, palmă pe obrazul PSD? Nicușor Dan: De 4 ani sunt probleme
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