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83 new news items in the last 24 hours
  1. Home
  2. Economy

The government led by Ilie Bolojan has sent to the Parliament the draft Austerity Law, aimed at fiscal measures to stabilize public finances and reduce the budget deficit.

Emese Grancsa
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4 July 2025, 18:14
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Economy
Credit: Cristian Cristel / Xinhua News / Profimedia
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The draft law aims to stabilize public finances by limiting expenditure and increasing revenues, with the objectives of reducing the budget deficit, regaining investor confidence and continuing infrastructure projects. The proposed measures include estimated revenue increases of RON 9.5 billion in 2025 and RON 35 billion in 2026, as well as cuts in budget spending of RON 1.25 billion in 2025 and RON 57.3 billion in 2026. The draft will be subject to parliamentary accountability.

Sources

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Ziarul Financiar
BREAKING Guvernul trimite în Parlament proiectul Legii Austerităţii
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Mediafax
Guvernul trimite în Parlament proiectul Legii Austerității
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Stiripesurse
Guvernul a adoptat proiectul Legii Austerității - Documentul pleacă la Parlament, pentru procedura angajării răspunderii
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Observator news
Guvernul trimite în Parlament proiectul Legii Austerității
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NewMoney.ro
Guvernul a adoptat proiectul de lege privind măsurile de austeritate pentru reducerea deficitului bugetar
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Business Magazin
Guvernul trimite în Parlament proiectul Legii Austerităţii
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Newsweek
Guvernul a adoptat proiectul Legii Austerităţii Bugetare. Urmează angajarea răspunderii

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NEWS ON THE SAME TOPICS

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Romania's budget deficit decreased by 37% compared to 2025 in the first 7 months of 2026
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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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Siegfried Mureșan: putting public finances in order and stopping the waste of public money does not mean austerity
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The Senate voted to extend the deadline for the purchase of homes with a 9% VAT and to introduce a dynamic excise tax on fuels.
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Ilie Bolojan calls for continued reforms and deficit reduction to maintain Romania’s credibility among investors
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Government Ilie Bolojan Ministry of Finance Income draft law

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