Roger Kelly, chief economist for Romania and Bulgaria within the EBRD, said Romania will face a specific problem this year, namely, the budget deficit.
According to the EBRD, the most likely measure for Romania to fall within a budget deficit of 3% would be to cut the investment budget in the second half of 2017. This year’s budget deficit is estimated at 3.6%. Romania’s economic growth reached 4.8% in 2016.