This will place Romania in the first position in the EU regarding interest expenses, surpassing countries such as Hungary, Greece, and Italy, which have higher levels of debt. Budget deficits have been alarming, reaching 9.3% in 2024 and estimated at 8.4% for 2025, while economic growth rates are low. In the face of this situation, Romania has implemented austerity measures, including tax increases, which have been appreciated by financial markets and the European Commission. It is expected that by adhering to the fiscal commitments made, the deficit will decrease to below 3% of GDP in the coming years, thus stabilizing public finances. In comparison, Greece, although the most indebted country in the EU, has managed to achieve a budget surplus, while Romania is facing a significant deficit.
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