Romanian PM: No VAT or tax hikes next year, spending cuts are key
The government has committed to a stable tax environment for the next fiscal year, officially confirming that the VAT will not be increased.
The government has committed to a stable tax environment for the next fiscal year, officially confirming that the VAT will not be increased.
Romania recorded the largest general government deficit in the EU during the second quarter of 2025, reaching -8.7% of GDP.
Romania's private companies are forecasting a slowdown in salary growth for 2026, with an average projected increase of 6%.
Romania's annual inflation rate climbed to 9.88% in September, a marginal increase from the 9.85% recorded in August, according to the latest data from the INS.
Romania's GDP increased by 0.3% on the unadjusted series and 1.5% on the seasonally adjusted series in the first six months of the year, compared to the first half of 2024.

Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.
The European Commission has approved, under EU State aid rules, Romanian measures for the national investment and development bank Banca de Investiții și Dezvoltare (BID).