The Romanian government has approved fiscal measures aimed at recovering as much as possible from the debts of natural persons and legal entities to the state budget. The goal is to reduce the budget deficit, one of the highest in the European Union.
Experts say the inflation rate could slow down over the coming months, although its rampant growth might resume next year.
The Romanian Government assumes responsibility for a legislative package meant to rebalance the budget, while the opposition threatens with no-confidence motions
The Romanian Government will assume responsibility in Parliament. The opposition collects signatures for censure motions.
Economic growth will continue to ease in 2020 and 2021, the European Commission estimates
The Standard & Poor's (S&P) financial rating agency has reconfirmed the rating related to Romania's government debt to BBB-/A-3 for the...