Is Romania prepared to abide by the new terms? “Before assuming fiscal responsibility, a more in-depth analysis of the long-term impact should have been made because Romania’s situation is special,” says economic analyst Laurian Lungu.
On the other hand, analyst Aurelian Dochia doesn’t see a major impact of the treaty because Romania is already on a path of tightening its budget deficit. According to him, the adoption of the treaty is a signal that Romania is determined to support and get involved in the European project.
Heads of state and of government have also decided on the final form of the treaty on the European Stability Mechanism, the eurozone’s permanent shield against crises.
(English version by Daniela Stoican)