Romania's deficit narrows slightly on five months
Romania's budget deficit stood at 3.39% of GDP after the first five months of 2025, a slight decrease compared to 3.41% of GDP in the similar period last year.
Romania's budget deficit stood at 3.39% of GDP after the first five months of 2025, a slight decrease compared to 3.41% of GDP in the similar period last year.
Romania finds itself under scrutiny regarding its fiscal position and ongoing macroeconomic imbalances in the European Commission's 2025 European Semester Spring Package.
Romania recorded the highest government deficit among EU member states in 2024, standing at -9.3% of GDP.
Banca Transilvania (BT) has successfully completed its inaugural issuance of sustainable bonds in Romanian Lei, attracting RON 1.5 billion (€301.7 million).
Vastint Romania has finalized a new lease agreement with the jewelry brand Pandora, which is moving its offices to Business Garden Bucharest.
Arobs Transilvania Software has completed the acquisition of Codingscape, a US-based company, in a deal exceeding $12 million.
Romanian gas transmission company and its Serbian peer JP Srbijagas have signed a Memorandum of Understanding for the construction of two crucial natural gas pipeline projects.
Romania's budget deficit stood at 3.39% of GDP after the first five months of 2025, a slight decrease compared to 3.41% of GDP in the similar period last year.