European Commission: Romania's public debt will reach 90% of GDP by 2036

The convergence report for 2026, published by the European Commission, predicts that Romania's public debt will reach 90% of GDP by 2036, up from 61.6% in 2026.

Economists Adrian Negrescu and Aurelian Dochia emphasize that if Romania continues to borrow 1 billion euros per week, this deadline could be brought forward. Negrescu warns that public debt will increase, considering that over 90% of state revenues are allocated to social spending. Dochia adds that the high budget deficit makes it difficult to reduce the debt.

The EC report mentions high risks for the sustainability of debt in the medium term, and the budget deficit for 2026 is estimated at 6.2% of GDP.

Additionally, the Ministry of Finance announced a significant reduction in the budget deficit in the first four months of 2026, but public debt continues to rise. Proposed solutions include reducing public spending, combating tax evasion, and stimulating the economy to expand the tax base.