Romania Faces Highest Budget Deficit in the EU, Government Outlines Seven-Year Recovery Plan
Romania has emerged as the European Union member state with the highest budget deficit in 2024, according to the latest data released by the European...
Category : Economy
Romania Records Historic Low Electricity Consumption on Easter: What It Means for the Grid
Romania experienced its lowest electricity consumption in history on Easter Sunday 2025, with daytime demand dropping to around 2,500 MW—a level not seen before, according...
Moody’s Downgrades Romania’s Outlook to Negative: A Wake-Up Call for Fiscal Reforms
Moody’s Investors Service has revised Romania’s credit rating outlook from stable to negative, while affirming the Baa3 rating, the lowest investment-grade level. This decision reflects mounting concerns over Romania’s fiscal...
Romania’s Annual Inflation Rate Increases to 5.02% in February
Romania’s consumer price inflation rose to 5.02% year over year in February, an increase from the 4.95% recorded in January. This uptick was unexpected, surpassing...
Fitch Ratings Reaffirms Romania’s ‘BBB-‘ Credit Rating with Negative Outlook Amid Fiscal Concerns
Fitch Ratings has reaffirmed Romania’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB-‘ with a Negative Outlook, highlighting a complex blend of economic strengths and...
Romania: National Bank Keeps Monetary Policy Rate at 6.5 pc
In its meeting on 14 February 2025, the Board of the National Bank of Romania decided the following: To keep the monetary policy rate at...
Romania’s Supermarket Boycott: February 10-16
In a move echoing recent consumer activism across Europe, Romania has seen a call to boycott supermarkets in response to soaring prices. Inspired by similar...
S&P Downgrades Romania’s Credit Outlook Amid Political Turmoil and Fiscal Concerns
S&P Global Ratings has officially downgraded Romania’s credit outlook from stable to negative, citing escalating risks associated with the country’s public finances and ongoing political...
A Call for Reform: Reducing Public Sector Jobs and Salaries to Combat Romania’s Deficit
The current state of Romania’s public sector is under scrutiny as the government grapples with a significant public deficit, the necessity for efficiency, and ongoing...
EU Approves Romania’s Seven-Year Deficit Reduction Plan
Romania has been under the EU’s excessive deficit procedure since 2020 due to its fiscal deficit exceeding the 3% of GDP threshold mandated by EU...
