Nazarene: Budget Deficit Fell to 3.81% of GDP in the First Nine Months of the Year. Budget Pressure Remains High
17 Articles
17 Articles
Romania's budget deficit fell by 1.5 percentage points in the first nine months of 2026, compared to the same period last year, but "the pressure on the public budget remains high," Finance Minister Aelxandru Nazare said on Monday. Romania still has the biggest deficit in the European Union, and the cost of public debt is rising, ...
Finance Minister Alexandru Nazare warned on Monday that the reduction of the budget deficit in the first nine months of 2026 does not allow the relaxation of fiscal discipline, under the conditions in which Romania still has the biggest deficit in the European Union. In a Facebook post, after the publication of the budget execution, he drew attention to the risks related to the collection of PNRR funds and sent that the budget for 2027 will have…
Finance Minister Alexandru Nazare announces a significant reduction in the budget deficit in the first nine months of the year, but warns that the pressures on public finances remain very high. Romania has to recover billions of euros from the PNRR, to pay outstanding bonds and to finance investments already contracted. The minister's message to colleagues in the Government is explicit: the budget [...]
The Ministry of Finance intervened in the dispute between Grindeanu and Bolojan with data.
The deficit of the consolidated general budget fell to 78.3 billion lei, equivalent to 3.81% of GDP, after the first nine months of 2026, from 102.47 billion lei, or 5.31% of GDP, in the same period of 2025, according to the budget execution data published by the Ministry of Finance. The deficit reduction was 24.17 billion [...] Article The budget deficit fell to 3.81% after 9 months – Minister Nazare: "In the following months, no new expenditur…
Reading Time: 5 minutesExecution of the general budget consolidated in the first nine months of 2026 ended with a deficit of 78.3 mld. lei, with 24.17 billion lei smaller than the deficit of 102.47 billion lei recorded in the same period of 2025. In nominal terms, the budget deficit was reduced by more than 23.5%, shows the data of the Ministry ...
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
