newsweek.ro/economie/alexandru-nazare-avertisment-

Alexandru Nazare, the Minister of Finance, warned that Romania risks a downgrade in its country rating if the 2027 budget lacks credibility. He emphasized that 2027 is crucial for restoring a stable outlook after recent pressures from rating agencies. Nazare announced the elimination of the minimum turnover tax starting next year and highlighted the importance of realistic budget planning. He mentioned that private investments are key to economic recovery and that new financing tools are being developed. Additionally, he cautioned against large energy subsidies that could lead to debt, while discussing the potential extension of the luxury tax.