adevarul.ro/politica/luca-niculescu-despre-riscul-

Prime Minister Luca Niculescu warned that failing to collect the last two PNRR tranches by year-end could increase the budget deficit, as these funds were included in the budget calculations. He acknowledged the challenges faced by the new government and emphasized the need for fiscal consolidation to reduce the deficit next year. Niculescu stated that the government aims to restore confidence and credibility in Romania, especially after a period of political instability. He mentioned that the budget execution will be closely monitored to assess the impact of PNRR funds on the deficit. The government has set a budget deficit target of 6.2% of GDP, which is considered high, and aims for further reductions in the future.