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69 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
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17 July 2025, 06:25
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Economy
sursa foto: Inquam Photos / George Călin
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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.

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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
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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

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NEWS ON THE SAME TOPICS

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Economy
The Government proposes continuing fiscal adjustment through better collection and expenditure control, in order to avoid further tax increases
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Economy
Adrian Codirlașu warns: Romania must grow economically and reduce its deficit before adjustments become more painful
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Economy
Moody’s sees a credibility boost for Romania but warns of the deficit, inflation and the euro-leu exchange rate
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The honorary advisor of the interim prime minister Ilie Bolojan: Romania continues to risk being downgraded to the "junk" category.
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Economy
Bloomberg: Traders are already treating Romania’s bonds as junk, although they have not yet been downgraded. Investors are watching political stability and the 2027 budget
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ing bank analysis austerity measures tax measures junk

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Yesterday 20:25

The Minister of Labour announces that he is preparing the indexation of pensions: “We will submit to the Ministry of Finance and the prime minister the proposal to comply with the law, because after two years it is no longer bearable for pensioners”

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Opinions
Yesterday 20:53

Sever Voinescu: Playing at Sovereignty

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