Alexandru Nazare, Minister of Finance, warns that Romania is bracing for a possible recession and stresses the need to stimulate the economy.

Finance Minister Alexandru Nazare has said Romania could slip into an economic recession as public debt is rising rapidly, approaching 60% of GDP. He stresses the importance of stimulating the economy and warns that the current stagnation could evolve into an economic contraction. Nazare mentioned the risks associated with default, which could lead to a restriction of the country's financial freedom, similar to the 2008-2009 crisis.