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123 new news items in the last 24 hours
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  2. Economy

Radu Burnete states that Romania entered 2025 with a real estimated budget deficit between 9% and 10%, higher than the official one, but with potential for reduction.

Matei Gaginsky
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10 November 2025, 09:34
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Economy
Foto: Inquam Photos / George Călin
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The presidential advisor Radu Burnete stated that Romania started the year 2025 with a significantly larger real budget deficit than the officially reported one, estimating it between 9% and 10%. Burnete emphasized that this deficit is difficult to quantify due to the state's debts, including those for medical leave and energy suppliers.


He mentioned that, to reduce the deficit, authorities need to start from realistic estimates in the state budget law. Burnete highlighted that transparency in reporting figures has contributed to maintaining the confidence of international financiers, who continue to support Romania. He also stated that the measures adopted will have a significant impact on the deficit, which could decrease to around 6% in the following year.

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Radu Burnete, consilier prezidențial: „Există şi o zonă gri a deficitului care e foarte greu de cuantificat. Cu cifrele corecte pe masă, deficitul poate scădea. Anul viitor se va duce spre 6%”

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The Ministry of Finance announces a reduction in the budget deficit to 2.89% of GDP in the first eight months of 2026
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Interim Deputy Prime Minister Tanczos Barna believes that the authorities in Bucharest should negotiate with the European Commission a one-year moratorium that would allow Romania to remain at the budget deficit level of 2026.
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Ilie Bolojan announces a nearly RON 27 billion reduction in the deficit and the maintenance of Romania’s credit rating
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Ilie Bolojan calls for continued reforms and deficit reduction to maintain Romania’s credibility among investors
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Radu Burnete budget deficit state budget

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