Romania has concluded its 13 billion euro foreign debt issuance target for this year but does not rule out further issues to ...

The implementation of tax hikes and other measures to lower Romania's deficit, the EU's largest, depends on the stability of ...

Romania’s government survived a no-confidence motion on Monday, clearing the way for a sweeping austerity plan aimed at ...

Cutting the public deficit to 7% of GDP this year is out of question, there is no way to achieve this – Romania's prime minister Ilie Bolojan said in a press conference on July 11, adding that his ...

BUCHAREST (Reuters) -Romania's two-week-old broad coalition government is set to face a no-confidence vote as it seeks to ...

EU ministers will pile pressure on Bucharest to impose austerity measures and bring the deficit under control.

By Iulian Ernst in Bucharest Romania posted the widest general government budget deficit among the European Union member states, 9.3% of GDP (6.6% in 2023) – nearly three times the EU average (3 ...

The significant fiscal consolidation measures recently adopted by the Romanian government are "an important and positive step ...

Romania’s government is rushing to approve a sweeping fiscal austerity package, provoking a potential no-confidence motion by ...

International rating agency Moody’s has acknowledged the Romanian government’s efforts to reduce the budget deficit, ...

Romania's prime-minister Ilie Bolojan has unveiled a package of austerity measures set to enter into force on August 1, as the country aims to scale back its budget gap - the widest in the EU.