Radu Burnete underlines that discussions with the European Commission have led to maximum flexibility for Romania in the context of fiscal measures and the National Recovery and Resilience Plan. He warns that if Romania fails to borrow, budget cuts will be more drastic. Burnete points out that rating agencies are more demanding than the European Commission and have a crucial role to play in assessing Romania's ability to honor its debts.
Sources
Radu Burnete, consilier prezidenţial: Dacă ajungem să nu ne mai putem împrumuta, vă garantez că tăierile vor fi mult mai mari şi mult mai rapide decât ce vedem acum
Radu Burnete, consilier prezidenţial: Dacă ajungem să nu ne mai putem împrumuta, vă garantez că tăierile vor fi mult mai mari şi mult mai rapide decât ce vedem acum
Radu Burnete, consilier prezidenţial: Dacă ajungem să nu ne mai putem împrumuta, vă garantez că tăierile vor fi mult mai mari şi mult mai rapide decât ce vedem acum
Latest News
13:18
Formula 1 announces the Rwandan Grand Prix, which will debut in 2030, after a 37-year absence from Africa
13:17
Luca Niculescu, after concluding consultations with the parliamentary parties: “All the options that I mentioned yesterday remain on the table [...] I am optimistic that we will reach a good result”
13:16
Gianni Infantino, accused of allegedly failing to declare millions of euros in salary
13:01
Germany, Italy, and Belgium call for an “emergency brake” on EU legislation
12:56
Prosecutors detained six suspects accused of robbing a trader and preparing a new attack in the Republic of Moldova
See more news