Romania Confronts Brussels Amid Soaring Budget Deficit Crisis – EUROP INFO
8 Articles
8 Articles
Romania must save, but the country's rich Orthodox Church will probably not have to make a contribution. Romania's political class fears its power.
In Romania there are real "budget people", territorial administrative units where the number of employees in the state is equal or even greater than the number of private persons. In all these cases the number of pensioners and those without employment exceeds much of the wage.
Romania continues to have the largest budgetary deficit in the European Union, although the indicator was falling in the first three months of the year, in front of the last quarter of 2024. Reporter: Bogdan Isopescu – In the first quarter of 2025, Romania recorded a 7.5% deficit of GDP, but in the visible decline of [...]
Romania continues to have the largest budgetary deficit among EU Member States, of 7.5% in T1 2025, under the conditions under which the average Community block...
Romania remains unreserved! Debts are exploding and cash flows are disappearing. The financial situation of public administrations has deteriorated visible in the first month of 2025. According to Romania’s National Bank, the amount of financial assets reported to GDP fell by 1.1 percentage points over the same period from 2024, reaching only 25.7%. Romania remains unreserved! Debts [...]
The seasonally adjusted government deficit decreased, both in the European Union and in the euro area, in the first quarter of this year, compared to the last quarter of last year, a similar trend being recorded including in Romania, the country with the largest deficit in the EU, according to data published on Monday by Eurostat, Agerpres reports.
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