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  2. Economy

The Ministry of Finance announces that the Government's fiscal-budgetary package has been assessed by the European Commission as a positive step in reducing the budget deficit.

Raluca Niculae
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8 July 2025, 18:16
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The package of fiscal-budgetary measures presented by the Romanian Government has been recognized by the European Commission as a step forward in tackling the excessive deficit. Finance Minister Alexandru Nazare underlined the importance of correcting the deficit and took responsibility for fiscal consolidation. The Commission recommended Romania to limit net expenditure growth and eliminate the excessive deficit by 2030. ECOFIN discussions also covered topics such as the digital euro and securitization, highlighting the need for growth-friendly regulations.

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Economedia
Ministerul Finanțelor: Pachetul de măsuri fiscal-bugetare a fost apreciat azi de Comisia Europeană drept un pas „important și pozitiv”
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BZI
Guvernul României, lăudat de Comisia Europeană! Măsurile fiscale, „un pas important”. Ce spune ministrul Finanţelor

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NEWS ON THE SAME TOPICS

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Current Affairs
Alexandru Nazare says that Romania must reduce the deficit and protect investments, infrastructure, and the economy
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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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Alexandru Nazare announces positive results of the fiscal reform, including the reduction of the budget deficit and the increase of revenues
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Alexandru Nazare calls for Romania to exit the excessive deficit procedure by 2030 to join the euro area in 2035
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Alexandru Nazare calls for reducing the deficit without sacrificing investment, infrastructure, energy, and defense
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The Minister of Finance, Alexandru Nazare, announces that interest expenses have exceeded 40 billion lei in the first seven months of 2026.
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