www.g4media.ro/alexandru-nazare-avertizeaza-ca-rom

Romania risks a "red card" from rating agencies if the 2027 budget lacks credibility, warns Finance Minister Alexandru Nazare. He emphasizes the need for significant deficit reduction without tax increases. Nazare insists on cutting the budget deficit by about one percentage point of GDP annually for the next three years to exit excessive deficit procedures and facilitate eurozone accession. He has requested concrete proposals from ministries to reduce spending while prioritizing investments.