Lost in Translation: From the IMF’s Warning to Ciolacu’s Interpretation
In the aftermath of the recent visit by the IMF delegation to Bucharest, the official communication from the Romanian Government starkly contrasts with the reality...
Tag : BudgetDeficit
Budgetary Missteps: Romania Counts the Cost of 2023 Financial Execution
A Missed Target and Fiscal Shortcomings The year 2023 concluded with Romania’s government, led by Marcel Ciolacu, falling short by 20 billion lei (4 billion...
Investors Losing Patience as Romania Grapples with High Interest Rates
By Andreea Gudin In a concerning economic development, Romania concluded 2023 with the highest average interest rate on long-term external loans, a position previously held...