Tag: budget deficit (6 articles)

Finance   |   29 April, 2026 at 8:00 AM

Romania cuts budget deficit by more than half in Q1 2026

Romania's consolidated general budget recorded a deficit of €4.2 billion in the first quarter of 2026, representing 1.03% of GDP, compared to a deficit of €8.7 billion (2.28% of GDP) in the same period of 2025 over revenue growth and expenditure control.

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Economy

Romania's inflation hits 10.85% in May 2026

Romania's annual inflation rate climbed to 10.85% in May from 10.71% in April, driven by rising costs across all sectors, according to data released by the National Institute of Statistics (INS).