newsweek.ro/politica/luca-niculescu-masuri-austeri
Prime Minister Luca Niculescu warns that excessive austerity measures could lead to significant social tensions. He emphasizes the need for a balanced fiscal consolidation to avoid severe economic risks for Romania. In the coming weeks, the Finance Minister will present the country's fiscal situation. Niculescu acknowledges the challenges of governing and the importance of restoring public confidence. He stresses that a smaller deficit requires careful transition, especially after a period of hardship for citizens. The government aims to navigate these complexities while maintaining stability and avoiding a downgrade to junk status.
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