Alexandru Nazare, după un an de consolidare fiscală: România nu mai este „nici pe departe” în situația de la începutul anului 2025 / Reducerea deficitului este obligatorie în continuare
Romania has undergone significant fiscal consolidation, transitioning from a debt-driven economy to one focused on long-term investments, according to Finance Minister Alexandru Nazare. The budget deficit was reduced from 9.3% of GDP in 2024 to an estimated 6.2% in 2026, marking the largest reduction in the EU. Despite rising public debt, investments have increased, particularly through European funds. Nazare emphasizes the need for sustainable fiscal policies to support economic growth and reduce reliance on external financing. He warns that while adjustments may temper consumption, they are essential for long-term stability and development.