www.gandul.ro/financiar/romania-prinsa-intr-o-capc

The Romanian government, led by Luca Niculescu, has implemented its first budget rectification amid a critical financial situation. The Finance Minister announced a second rectification is expected by the end of November. Economic analyst Adrian Negrescu warns of a significant budget imbalance risk, as funds are already allocated to various public works. The budget deficit has been increased by 3.5 billion lei, reaching 130 billion lei, while the target remains at 6.2% of GDP. The government faces a challenge in securing 70 billion lei to finance the deficit and debt rollover. Negrescu emphasizes that the rectification will have limited economic impact, primarily covering urgent needs without addressing long-term financial stability. The reliance on loans and the burden of interest payments pose serious challenges for Romania's fiscal future.