Alexandru Nazare: Romania's Deficit Is Falling. It Is Falling on the National Methodology and It Is Falling on the European Methodology. It Is Falling Every Quarter Compared to the Corresponding Quarter of Last Year/ There Is No Figure for Romanians and Another for Brussels
13 Articles
13 Articles
"The idea of a double accounting is false," said Finance Minister Alexandru Nazare, after the simple motion to his address was rejected by the Senate. "The Minister said, in the debate on the motion, that the deficit falls both on the national and the European methodology.
Finance Minister Alexandru Nazare said, on Wednesday, in the debate on the simple motion initiated by the AUR at his address, that the deficit falls on both the national and the European methodology, explaining that it falls in every quarter compared to the corresponding quarter last year and falls every year completed. The Romanian state does not have two accounts, it has one budget execution and two ways to read it. Both are public, both are r…
Petrișor Peiu, the leader of Senators AUR, accuses Finance Minister Alexandru Nazare of lack of transparency in reporting the budget deficit. In the statements made in the context of the simple motion, Peiu claims a difference of over 28 billion lei between the deficit calculated according to the European methodology and that reported by the Finance Ministry in the first six months of 2026. He criticizes and retains Nazare's function after the c…
Called to the full Senate to explain the situation of the country's deficit, the Minister of Finance explained to parliamentarians that it is falling and that there is no "a figure presented to Romanians and another figure for Brussels".
The state's unpaid bills represent only 1 billion lei of the 28 billion lei recorded for the first two quarters between the higher ESA deficit (the EU standard) and the lower cash deficit (the national standard), said Finance Minister Alexandru Nazare, in Parliament, to the debate on the simple motion submitted by AUR against it on the issue of the budget deficit.
Romania is halfway through fiscal consolidation, and this half that we still have to go through is much more difficult, because the tolerance of the population is increasingly smaller than new measures to adjust the budget deficit, as such, what is next is harder than what we have been going through so far, said Finance Minister Alexandru Nazare on Wednesday in the plenary session of the Senate.
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