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Romanian Social Democrats unveil plan for economic recovery

September 12, 2025

The Social Democrat (PSD) leader Sorin Grindeanu has unveiled on September 11 the first draft of a plan aimed at economic recovery, targeting 3% annual economic growth within several years, bringing the trade deficit in goods under 8% of GDP from 9.5% currently, and creating 120,000 new jobs predominantly in high value added industries through a combination of state guarantees and tax credit for companies investing in new, particularly high-tech, projects and subsidies for young...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/social-democrats-plan-economic-recovery-sept-2025
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