Prices for an array of goods and services will rise in August after the Romanian government increased VAT and excise duties.

Romania will be able to draw roughly 21.6 billion euros ($24.65 billion) worth of EU recovery funds after it concluded ...

Romania's consolidated budget was in deficit of 69.8 billion lei ($15.873 billion/13.748 billion euro) in the first six ...

The implementation of tax hikes and other measures to lower Romania's deficit, the EU's largest, depends on the stability of its new broad coalition government and will inform its ratings, Fitch ...

"Economic growth in the euro zone will be affected, with estimates from international institutions showing a possible ...

By Iulian Ernst in Bucharest International rating agency S&P on July 24 affirmed its BBB- rating for Romania and the negative ...

Romania's growth has steadily slowed since a post-pandemic bounce in 2021 and the European Commission, the EU's executive body, forecasts a budget deficit of 8.6% this year and 8.4% in 2026.

EU finance ministers approved Romania's deficit-cutting plan on Tuesday to bring its fiscal deficit below 3% of national output by 2030, a move Bucharest hopes will help reassure investors about its ...

Romania has concluded its 13 billion euro foreign debt issuance target for this year but does not rule out further issues to ...

Romania’s budget posted a deficit above 100 billion RON (some €20.5 billion) for the first time in history. The budget gap was close to 102 billion RON, more than double that of 2019.

BUCHAREST (Reuters) -An "optimistic, realistic" budget deficit target for Romania in 2025 is 7.5% of economic output, President-elect Nicusor Dan said on Thursday, adding that preliminary talks on the ...