adevarul.ro/politica/nicusor-dan-despre-economia-r

President Nicușor Dan emphasized the importance of fiscal discipline for Romania's economy, warning that any deviation from deficit reduction targets could harm the country's credibility with investors. He highlighted the significant deficit of 150 billion lei, primarily due to interest payments on existing debt. Dan noted Romania's precarious position in international credit ratings, stating it is on the edge of being recommended or not by agencies. A downgrade could lead to the withdrawal of investment funds, increasing borrowing costs. He cautioned that restoring market confidence after a loss can take years, referencing the recovery period following the 2008 financial crisis.