The Macroeconomic Confidence Indicator of the CFA Romania Association dropped sharply in June, falling by 14.9 points to 29.9 ...

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 ...

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

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

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

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 ...

Romania's growth has steadily slowed since a post-pandemic bounce in 2021 and the European Commission, the EU's executive body, forecasts a budget deficit of 8.6% this year and 8.4% in 2026.

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

Romania’s premier outlined fresh measures to cut the ballooning budget deficit as the new government seeks to safeguard the country’s investment-grade rating and ease investor concern.