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197 new news items in the last 24 hours
4 July 19:38

Romania's leadership was warned of the impending budgetary risks as early as August 2024, according to confidential documents published by Free Europe.

Emese Grancsa
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Politics
Credit: Daniel MIHAILESCU / AFP / Profimedia
The confidential documents, confirmed by former Finance Minister Marcel Bolos, show that President Iohannis, Prime Minister Ciolacu and Senate President Ciucă were informed about Romania's financial risks. The warnings indicated that the budget deficit could exceed the targets and that the lack of urgent measures could lead to default. Although Ciolacu denied the existence of an economic collapse, the former minister emphasized that the deficit had reached 8.43% in December 2024.

Sources

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Digi24
Iohannis, Ciolacu și Ciucă au fost avertizați încă de anul trecut că România se îndreaptă spre dezastru bugetar (Europa Liberă)
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Observator news
Ciolacu, Iohannis şi Ciucă, avertizaţi din august 2024 că țara riscă să intre în incapacitate de plată
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EuropaFM
Toți știau. Europa Liberă publică documente confidențiale prin care Iohanis, Ciolacu și Ciucă erau avertizați de pericolul deficitului uriaș
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Cotidianul
Iohannis, Ciolacu și Ciucă au știut că vine dezastrul bugetar
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Spotmedia
Europa Liberă România: Ciolacu, Iohannis & Ciucă au fost avertizați că ne îndreptăm spre un dezastru bugetar – documente confidențiale
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G4Media
Europa Liberă: Documentele "strict confidențiale" prin care Ciolacu, Iohannis și Ciucă au fost avertizați încă din 2024 că urmează un dezastru bugetar dacă nu iau măsuri
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Mediafax
Klaus Iohannis, Marcel Ciolacu și Nicolae Ciucă au fost avertizați din august 2024 că România se îndreaptă spre dezastru bugetar (Europa Liberă)

ȘTIRI PE ACELEAȘI SUBIECTE

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Economy
Prime Minister Ilie Bolojan announced a deficit of almost 30 billion euros for 2025, equivalent to 25% of Romania's annual revenues.
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Economy
Prime Minister Ilie Bolojan emphasizes Romania's budget crisis, caused by high interest rates on external loans and inefficient management of public funds.
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Economy
Prime Minister Ilie Bolojan: "So if next year, let's say, Romania would not take any kind of loan during 2026, it cannot pay any salaries. The situation is that serious."
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Economy
Prime Minister Bolojan discussed the economic measures and the deficit target of 8.4% for this year, emphasizing the importance of the months of November and December.
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Economy
The budget deficit of Romania increased to 103 billion lei in 2025, despite the fiscal measures of the Bolojan Government, raising economic concerns.
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Economy
CFA Romania analysts signal a possible entry into recession for the Romanian economy, according to the Macroeconomic Confidence Indicator, with expectations of increased budget deficit and declining inflation.
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budget deficit Klaus Iohannis Nicolae Ciucă Marcel Ciolacu

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10 Years since Colectiv | More civic organizations will organize a march in Bucharest today to mark ten years since the fire at the Colectiv Club, which led to the death of 65 people.

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International
Yesterday 17:48

The heads of the Defense committees in the American Senate, Roger Wicker, and in the House of Representatives, Mike Rogers, criticize the Pentagon's decision to reduce the U.S. military presence in Romania, considering it uncoordinated and contrary to the president's strategy.

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