Elijah Bolojan Warns that Romania's Economic Problems Do Not Disappear with the Change of Government. What Risks the Country if Budgetary Balances Are Not Maintained
11 Articles
11 Articles
Former Prime Minister Ilie Bolojan said on Saturday that problems related to deficits and expenditure will continue to be a challenge for the current or future government, warning that if the country's balance is not maintained, there is a risk that a budget crisis will degenerate into an economic crisis in which all Romanians would suffer.
Former Prime Minister Ilie Bolojan warns that the accumulation of budget deficits, in the absence of structural reforms, can push Romania into a deep recession and can trigger a serious economic crisis. The PNL leader believes that maintaining the country's financial balances must become an urgent priority. In his assessment, political blockades delay the necessary measures to correct imbalances and increase risks to the Romanian economy. Boloja…
Former Prime Minister Ilie Bolojan said Saturday, in St.Gheorghe, that the problems related to deficits and expenditure will continue to be a challenge for the current or future government, warning that if the country's balance is not maintained, there is a risk that a budget crisis will degenerate into an economic crisis in which it would suffer [...]
Former Prime Minister Ilie Bolojan draws attention to the fact that the accumulation of deficits and the lack of structural reforms risk throwing Romania into a deep recession. The PNL leader criticizes political blockades and calls for the urgent maintenance of the country's financial balances.
The former Prime Minister said on Saturday that the current or future government will continue to face the pressure of deficits. He pointed out that non-compliance with financial balances can turn a budgetary problem into a severe economic blockade that will affect all Romanians.
Former Prime Minister Ilie Bolojan warns that the problems related to the budget deficit and state spending will continue to put pressure on Romania, regardless of the composition of the government. The PNL leader claims that measures to correct imbalances cannot produce results overnight and draws attention to the fact that a possible budget crisis could trigger an economic crisis. [...]
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