But it highlighted the high deficits that CEE’s most prolific sovereign borrowers — Hungary, Poland and Romania — are running ...

By bne IntelliNews Romania’s trade deficit (chart) reached €35.7bn in the 12 months to April, equivalent to 10% of GDP, ...

Romanian President Nicusor Dan is prepared to nominate a prime minister this week if pro-European parties can agree on ...

Romania’s medium-term fiscal framework calls for the fiscal deficit to decline gradually from about 8 percent of GDP in 2024 to 7 percent in 2025 and 3 percent (or less) by 2031. With limited scope ...

In the spring package of the European semester, theEU has certified that theItaly is proceeding as expected as regards the ...

A collective sigh of relief rippled through EU capitals on May 18 when former Bucharest Mayor Nicuşor Dan secured an ...

The European Commission stepped up on Wednesday the EU's disciplinary action against Romania over the country's large budget ...

Romania must present a credible plan to lower the EU's highest budget deficit by the end of June, President Nicusor Dan said ...

The European Union is likely to offer the Romanian government a reprieve to introduce measures aimed at paring its ballooning ...

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.

BUCHAREST (Reuters) -An "optimistic, realistic" budget deficit target for Romania in 2025 is 7.5% of economic output, President-elect Nicusor Dan said on Thursday, adding that preliminary talks on ...

BUCHAREST (Reuters) -An "optimistic, realistic" budget deficit target for Romania in 2025 is 7.5% of economic output, President-elect Nicusor Dan said on Thursday, adding that preliminary talks on the ...