Respiratory Budget for Romania: the European Commission Temporarily Suspends the Excessive Deficit Procedure
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The European Commission has suspended the excessive deficit procedure for Romania, the institution announced in a press release, according to Economedia.ro. Thus, Romania is no longer currently at risk of losing European funds due to its large deficit. Romania still has a high deficit, expected to be 8.4% of Gross Domestic Product at the end of the year, but the Government has adopted a series of fiscal packages for correction, which has given …
The European Commission considers that Romania is among the seven non-euro states that comply with the EU fiscal framework for 2026, according to the assessments in the Autumn Package of the European Semester 2026. Romania continues to be one of the nine EU states in an excessive deficit procedure, but this is suspended for the time being, which […] The article European Commission, assessment – The excessive deficit procedure against Romania rem…
The European Commission adopted the autumn package of the European Semester in March and announced that the excessive deficit procedure is suspended temporarily in the case of the new Member States, including Romania.
The European Commission has suspended the excessive deficit procedure for Romania, announcing the institution in a press release.
A new Commission assessment will be in 2026
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