Prime Minister Ilie Bolojan emphasizes Romania's budget crisis, caused by high interest rates on external loans and inefficient management of public funds.

Prime Minister Ilie Bolojan has raised an alarm regarding Romania's budget crisis, mentioning the fiscal difficulties generated by high interest rates, between 5.5% and 7%, on external loans. These expenses are expected to account for approximately 3% of GDP, with payments of 55 billion lei just for interest. Bolojan compares the situation to personal finances, emphasizing that responsible management of funds could have avoided these problems. He highlighted that other countries borrow at lower interest rates due to their financial credibility, while Romania faces an increase in public debt, which is approaching 60% of GDP. The main causes of the crisis are the waste of public money, the inability to efficiently collect revenues, and undertaking investments beyond the real capacities of the country.