Romania: Business association Concordia argues better budgetary discipline (…)

October 8, 2025

Business association Concordia argues better budgetary discipline will create fiscal space in Romania
Oct 8, 2025

Business association Concordia argues better budgetary discipline will create fiscal space in Romania.

Romania is currently spending 7.5% of its public budget, the third-highest ratio in the European Union after Hungary and Italy, because of the high borrowing cost (6% for the 10-year debt, compared to 4.6% paid by non-investment grade Serbia) and despite the lower debt-to-GDP ratio. Streamlining (…)

[Read the article in Romania-Insider]

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