search icon
search icon
Flag Arrow Down
Română
Română
Magyar
Magyar
English
English
Français
Français
Deutsch
Deutsch
Italiano
Italiano
Español
Español
Русский
Русский
日本語
日本語
中国人
中国人

Change Language

arrow down
  • Română
    Română
  • Magyar
    Magyar
  • English
    English
  • Français
    Français
  • Deutsch
    Deutsch
  • Italiano
    Italiano
  • Español
    Español
  • Русский
    Русский
  • 日本語
    日本語
  • 中国人
    中国人
Sections
  • News
  • Exclusive
  • INSCOP Surveys
  • Podcast
  • EU
  • Diaspora
  • Republic of Moldova
  • Politics
  • Economy
  • Current Affairs
  • International
  • Sport
  • Health
  • Education
  • IT&C knowledge
  • Arts & Lifestyle
  • Opinions
  • Elections 2025
  • Environment
About Us
Contact
Privacy policy
Terms and conditions
Quickly scroll through news digests and see how they are covered in different publications!
  • News
  • Exclusive
    • INSCOP Surveys
    • Podcast
    • EU
    • Diaspora
    • Republic of Moldova
    • Politics
    • Economy
    • Current Affairs
    • International
    • Sport
    • Health
    • Education
    • IT&C knowledge
    • Arts & Lifestyle
    • Opinions
    • Elections 2025
    • Environment
139 new news items in the last 24 hours
  1. Home
  2. Economy

Romania is taking tough fiscal measures to consolidate its public finances, with painful immediate effects, but long-term benefits.

Sanziana Georgescu
whatsapp
facebook
linkedin
x
copy-link copy-link
17 July 2025, 06:25
main event image
Economy
sursa foto: Inquam Photos / George Călin
google-preference

Always see our news on Google

In the context of deteriorating public finances, Romania is taking ambitious fiscal measures, the most significant since the Great Financial Crisis. While the short-term impact will include high inflation and low economic growth, ING Bank Romania's analysis suggests that, if implemented correctly, these measures could bring medium- and long-term benefits, including avoiding a junk rating.

Sources

sursa imagine
Hot News
ULTIMA ORĂ „Cum să reduci cel mai mare deficit din UE”. ING vede un impact dureros al măsurilor fiscale, cu o creștere PIB apropiată de zero și inflație. Execuția corectă ar putea aduce și efecte pozitive
sursa imagine
Profit.ro
ULTIMA ORĂ „Cum să reduci cel mai mare deficit din UE”. ING vede un impact dureros al măsurilor fiscale, cu o creștere PIB apropiată de zero și inflație. Execuția corectă ar putea aduce și efecte pozitive

Latest News

11:52

South Korea tests the first commercial voyage on the Arctic route to Europe

11:44

A man accuses the Negrești-Oaș County Hospital of medical negligence, after a gynecologist allegedly stitched his cheek without removing a wooden splinter.

11:37

The USA and Canada, close to a new trade agreement after the suspension of tariffs.

11:23

Superliga | Arnold Garita has been presented at the red and white. What number will he wear?

11:08

The Minister of Labor stated before the meeting at Cotroceni on the topic of salaries: No salary will decrease, and more than two-thirds of salaries will have increases.

See more news

NEWS ON THE SAME TOPICS

event image
Economy
Eugen Rădulescu, BNR advisor, warns about fiscal imbalances and political instability. "We are on a knife's edge!"
event image
Politics
Rareș Bogdan comments on the effects of austerity measures: "It is clear that increasing taxes only brings short-term added value, after which the economy contracts."
event image
Economy
The honorary advisor of the interim prime minister Ilie Bolojan: Romania continues to risk being downgraded to the "junk" category.
event image
Economy
Analysis Frames: The tax amnesty and the sale of government bonds sold in supermarkets could reduce the underground economy
event image
Opinions
Between political egos and the "Junk" abyss
event image
Economy
Nazare: Romania passes the Fitch test at the limit and remains in the recommended investment category
app preview
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
app preview app preview
ing bank analysis austerity measures tax measures junk

Editor’s Recommendations

main event image
Current Affairs
54 minutes ago

The Minister of Labor stated before the meeting at Cotroceni on the topic of salaries: No salary will decrease, and more than two-thirds of salaries will have increases.

Sources
imagine sursa
imagine sursa
imagine sursa
main event image
Current Affairs
1 hour ago

Turceni power plant, shut down due to a technical malfunction

Sources
imagine sursa
imagine sursa
imagine sursa
imagine sursa
imagine sursa
+2
main event image
Exclusive
1 hour ago
Original Content

August 20, 2026. TV: What was discussed last night on the news channels

main event image
Politics
4 hours ago

President Nicușor Dan has convened the leaders of PSD, PNL, USR, and UDMR for negotiations on the Salary Law. The meeting takes place today at 14:00.

Sources
imagine sursa
imagine sursa
imagine sursa
imagine sursa
imagine sursa
main event image
Current Affairs
1 hour ago

The ANM announces a heat wave in Romania between August 20 and 24, with maximum temperatures of 33-40 degrees. An orange code is issued for several regions.

Sources
imagine sursa
imagine sursa
main event image
Opinions
1 hour ago

Andrei Pleșu: About public speaking

main event image
Current Affairs
3 hours ago

The High Court of Cassation and Justice is expected to pronounce today the final decision in the case of outstanding salary rights for magistrates.

Sources
imagine sursa
imagine sursa
imagine sursa
imagine sursa
imagine sursa
+2
app preview
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
app preview
app store badge google play badge
  • News
  • Exclusive
  • INSCOP Surveys
  • Podcast
  • EU
  • Diaspora
  • Republic of Moldova
  • Politics
  • Economy
  • Current Affairs
  • International
  • Sport
  • Health
  • Education
  • IT&C knowledge
  • Arts & Lifestyle
  • Opinions
  • Elections 2025
  • Environment
  • About Us
  • Contact
Privacy policy
Cookies Policy
Terms and conditions
Open source licenses
All rights reserved Strategic Media Team SRL

Technology in partnership with

anpc-sal anpc-sol