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

Romania has already completed its plan of raising EUR 13 billion with FX bond issues on the foreign markets this year, but ...

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

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 ...

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 ...

Romania’s new fiscal consolidation package is likely to reduce the country’s twin deficits over the next two years, but at the cost of significantly slower economic growth (chart), analysts at ING ...

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

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

Romania has printed four new bonds this year, three in euros and one in dollars, worth €6.8bn-equivalent. It has also issued ...

BUCHAREST (Reuters) -Romania's two-week-old broad coalition government is set to face a no-confidence vote as it seeks to speed through planned tax hikes that have triggered street protests even ...

BUCHAREST—Romania posted a budget deficit of RON11.4 billion ($2.68 billion) in January-April, or 1.1% of gross domestic product, 88.4% higher than in the same period last year, finance ministry ...