Business Forum • 21 October, 2025 at 3:54 PM
Romania recorded the largest general government deficit in the EU during the second quarter of 2025, reaching -8.7% of GDP, according to the latest seasonally adjusted data released by Eurostat.
This figure is substantially higher than the EU average deficit, which stood at -2.9% of GDP for the same period.
Romania is trailed by Poland and Slovakia, both with a budget deficit of -8.5%.
Conversely, the top three countries in terms of surplus were Denmark (+3.2%), Cyprus (+3.6%), and Ireland (+1.9%).
The Euro area also reported an average deficit, though lower than the EU average, at -2.7% of GDP.
The EU aggregate deficit of -2.9% marks a slight increase from the -2.8% recorded in Q1 2025.
Tags: