economedia.ro/nicusor-dan-a-anuntat-un-deficit-bug

President Nicușor Dan announced a budget deficit of 150 billion lei for 2026, exceeding previous commitments. He highlighted the impact of rising borrowing costs on public finances and warned of potential credit rating downgrades. Dan emphasized the need for Romania to maintain fiscal discipline to avoid losing market credibility. He noted that higher state borrowing costs could affect businesses and lead to increased unemployment. The recovery of investor confidence could take six to seven years, as seen in past experiences.