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Alexandru Nazare, After Ecofin Sitting: We Have Achieved the Goal of the Stage. I Have Entered Into a Good Dialogue with the European Commission

Summary by Digi 24
Minister of Finance, Alexandru Nazare, said last night at Digi 24 that the Government has met the goal of the phase through the decision of the EU Finance Ministers Council, i.e. to stop the procedure that would have led to the suspension of European funds and ever, maintaining the qualification recommended by international rating agencies. ECOFIN announced recommendations for Romania, in the context of the excessive deficit situation facing our…

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Minister of Finance, Alexandru Nazare, said last night at Digi 24 that the Government has met the goal of the phase through the decision of the EU Finance Ministers Council, i.e. to stop the procedure that would have led to the suspension of European funds and ever, maintaining the qualification recommended by international rating agencies. ECOFIN announced recommendations for Romania, in the context of the excessive deficit situation facing our…

·Romania
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Lean Right

The EU ECOFIN Council did not initiate sanctions against Romania on March, but recommends that the Government have a stronger budgetary policy for reducing deficits. EU ECOFIN Article did not initiate sanctions against Romania, but recommended that politicians "stop budgetary policy" appear for the first time in Romania TV.

The EU authorities ask the government to take measures to reduce the budgetary deficit by 15 October and underline that our country has failed to respect the obligations which came after the opening of the excessive deficit procedure in 2020.

·Bucharest, Romania
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Minister of Finance, Alexandru Nazare, presented to ECOFIN on Tuesday, 8 July, the package of fiscal measures to reduce deficit, which the Bolojan Government has taken, month, the answer in Parliament.

·Romania
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The Romanian Minister of Finance, Alexandru Nazare, is the one presenting in the ECOFIN Council proposals for measures to reduce deficit.

The European Commission specialists did not take into account the austerity measures announced by the Bologna Government and continue to ask Romania to take measures to reduce the deficit. The next assessment is in October. The ECOFIN report, after Tuesday's meeting in Brussels, recommends that Romania urgently correct its budgetary policy to reduce the excessive deficit, accelerate the implementation of reforms and investments from the PNRR and…

·Romania
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Stirile Antena 1 Observator broke the news in Romania on Tuesday, July 8, 2025.
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