US EditionPresident of the Fiscal Council: We Need to Cut This Budget Deficit and We Don't Have Time. The Lack of Realism Is Devastating
8 Articles
8 Articles
Daniel Díanu, head of the Financial Council and former finance minister, criticised the idea that in this week's public talk that citizens are the ones who have produced the budgetary deficit. "We are all talking about financial education...
The financial markets are not patient with Romania, and the lack of realism and misunderstanding of the situation in which we find ourselves is disturbing, warned the President of the Fiscal Council, Daniel Díanu.
The financial markets are not patient with Romania, and the lack of realism and misunderstanding of the situation in which we find ourselves is disturbing, supported by the President of the Fiscal Council, Daniel Díanu.
Romania’s net expenditure growth is well above the ceiling set by its corrective path, posing clear risks to the correction of its excessive deficit by 2030, the European Commission said on Wednesday. The Commission is therefore recommending that the Council adopt a decision establishing that Romania has not taken effective action to correct the deficit. Romania continues to face excessive imbalances, as its budget and current account deficits …
The Member States should only include measures to be implemented until 31 August 2026. Member States have more than EUR 335 billion available. The European Commission: Romania has not taken effective measures to correct excessive deficit. The deadline for implementation of the PNRR does not change. Romania must reach all objectives until 31 August 2026. If not, we are the least vulnerable countries and the bad news is launched for us. The Europe…
The European Commission recommends that the European Council take a decision by noting that Romania has not taken effective measures to reduce the deficit Ejale! The European Commission recommends that the European Council take a decision by noting that Romania has not taken effective measures to reduce Romania's net cost increase by much beyond the ceiling established for its correctional procedure, which presents clear risks as regards its exc…
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