Prime Minister Ilie Bolojan underlines the real risk of Romania defaulting on its payments if austerity measures are not implemented urgently.
Ana-Maria Tapescu
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Politics
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In an interview, Prime Minister Ilie Bolojan said that Romania faces a high risk of default due to its record budget deficit. He stressed the urgent need to cut spending and implement tax reforms to restore investor confidence. Bolojan said the initial fiscal measures must be quickly followed by others, warning that without decisive action, the country could return to a precarious economic situation. The governing coalition faces internal tensions, but Bolojan is determined to press ahead with necessary reforms, even at political cost.
Sources
Bolojan, pentru Bloomberg: Dacă nu reducem rapid cheltuielile, România riscă intrarea în incapacitate de plată
Ilie Bolojan, interviu în Bloomberg: ”Dacă nu am fi adoptat măsurile de austeritate, în loc de o încetinire economică am fi avut un colaps total”
Bloomberg: Premierul Bolojan promite măsuri şi mai dure de austeritate în următoarele 6 luni şi avertizează că România ar putea ajunge în incapacitate de plată dacă guvernul nu va pune rapid capăt cheltuielilor excesive
Ilie Bolojan, pentru Bloomberg: Dacă nu reducem rapid cheltuielile după ani de deficit excesiv, România riscă intrarea în “incapacitate de plată”
Bolojan, pentru Bloomberg: Riscul de incapacitate de plată e foarte mare după ani de deficite ridicate
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