fiscal consolidation
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Moody's: New Government, Timely Adoption Of 2027 Budget Bolster Romania's Fiscal Consolidation
The formation of a new government and the timely adoption of the 2027 budget are positive developments for Romania's credit profile and support the continuation of fiscal consolidation, international rating agency Moody's said on Tuesday, October 20, as quoted...
Fitch: Romania Government Collapse May Affect Fiscal Consolidation Process
Rating agency Fitch has published an analysis about Romania’s economic situation, explaining that continued uncertainty caused by the political crisis could hurt the economy, investors’ conf...
World Bank Says Fiscal Deficits Will Remain Elevated In Romania
Fiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set by the country's Government, according to the World Bank...
Isarescu: Ensuring Economic Growth Under Conditions of Fiscal Consolidation, A Challenge In Upcoming Period
Ensuring economic growth under conditions of fiscal consolidation is a challenge in the coming period, considering that the consumption pedal no longer has too much room for maneuver, Romani...