At 9.3 per cent of GDP, Romania’s public deficit was the highest in the EU in 2024, well above the 3 per cent threshold ...

By Iulian Ernst in Bucharest Romania’s central bank is widely expected to keep its key interest rate unchanged at 6.5% ...

Soft-spoken new leader must tackle deep problems from corruption to the deficit to a sense of alienation from EU ...

Although the Romanian government is preparing two additional extensive reform packages, targeting mainly the spending cuts ...

Romania’s central bank kept interest rates unchanged as the country braces for an inflation surge from a series of tax hikes designed to curb the budget deficit.

By Iulian Ernst in Bucharest International rating agency S&P on July 24 affirmed its BBB- rating for Romania and the negative outlook as well, in a research update issued on July 24, ahead of schedule ...

Romania has concluded its 13 billion euro foreign debt issuance target for this year but does not rule out further issues to switch eurobonds maturing next year, the head of the debt agency, Stefan ...

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.

The implementation of tax hikes and other measures to lower Romania's deficit, the EU's largest, depends on the stability of its new broad coalition government and will inform its ratings, Fitch ...

Deputy prime minister Tanczos Barna stated on August 4 that Romania’s second package of deficit-reduction measures cannot ...

Romania's government plans to raise dividend and property taxes from next year and emphasize state-owned companies' performance to cut the budget deficit. The government aims to reduce the public ...

The latest Romania assessment conducted by Allianz Trade, a global leader in trade credit insurance and country risk analysis ...