www.antena3.ro/actualitate/nicusor-dan-avertizeaza
President Nicușor Dan warned about Romania's financial situation, emphasizing the risks of not meeting budget deficit reduction commitments. He highlighted potential consequences such as increased borrowing costs, company closures, and rising unemployment. The projected budget for 2026 shows a deficit of 150 billion lei, with significant portions allocated to debt interest. Dan stressed the importance of maintaining fiscal credibility to avoid losing investor confidence, which could lead to higher interest rates and economic instability. He noted that recovery from a loss of trust could take six to seven years, impacting salaries, pensions, and business operations.
Fact-check this story: paste the text or link into Justificat.ro and get a verdict with the sources consulted.