The main economic risk of Romania is a political one, not a fiscal or macroeconomic one and governmental stability is essential for keeping the reduction of the budgetary deficit, says the spokesperson of the Romanian National Bank (BNR) , Dan Suciu. "The greatest economic risk is political. Government stability, regardless of the formula or the people involved, is the main risk. Instability could cause these measures to reduce the budget deficit to no longer be in force, to be changed, or to not be implemented at the level they should be. As a result, everything that has been achieved in six months could be lost. And we still have years to work in this direction," said Dan Suciu in an interview with Antena 3. The BNR official said that the fiscal measures adopted by the government are enough and, from the point of view of the central bank, there is no need for supplementary taxes "From the perspective of the analyses carried out by our specialists, the fiscal measures are, let's say, sufficient. We saw a significant decrease in the budget deficit last year, with measures taken in the middle of the year. The measures that are beginning to take effect at the beginning of the year will have a stronger impact on the budget deficit this year, so we expect the deficit to evolve in the direction we all expect, with a significant decrease and no need for additional taxes. (...) The concern is that these measures will continue to exist, that there will be stability and political consensus," says Suciu. As regards inflation, this would drop towards 4% until the end of the year, and the key interest could be reduced, possibly at least 025 percentage points. There is the risk of technical recession, but not proper recession, says Suciu. The economic growth is estimated approximately 1% in 2025, with better perspective for 2026, even if there might be two running quarters with negative evolution. The NBR also believes that there is room for layoffs in the public sector, but warns that such decisions require political consensus, as "government stability is essential at this time."
President Nicușor Dan participated on Thursday, February 12, in the informal meeting of the European Council at Alden Biesen Castle in Belgium, where the "two-speed Europe" project was debated. If approved, the project would see a closer union between some of the EU’s member states. “This should not scare us. Europe with multiple speeds, or […]
Romanian foreign minister Oana Ţoiu, together with her Colombian counterpart, Rosa Yolanda Villavicencio, marked the reopening of the Embassy of the Republic of Colombia in Bucharest on Wednesday, February 11, after 24 years of absence. The Colombian official's presence at the opening marked the first bilateral meeting at the level of foreign ministers since 1994. […]
A selection of Romanian films that capture complex connections and love in its many expressions. Metronom Alexandru Belc’s first fiction project follows the story of a group teenagers living in 1970s Romania who go from a house party to being accused of plotting against the state. Love, rebellion and repression mix in this “beautiful,...
The Ministry of Sound Classical show will arrive in Romania for the first time in 2026. The event will take place at Romexpo - Pavilion B in Bucharest on December 12. The Ministry of Sound Classical concept blends iconic dance tracks with the power of a live symphony orchestra. The Bucharest edition will feature a […]
Residential developer Alesonor announced the appointment of the technology group for construction services STRABAG Romania as the general contractor for the construction of Phase II of the Amber Forest suburb, located in Tunari, Ilfov County - close to Bucharest. The project includes building a residential area that will include 172 housing units, comprising a total […]
Stanford professor and psychiatrist Dr. Anna Lembke, one of the most influential international voices in the field of addiction and mental health, will speak in Bucharest about digital dependency, burnout, and the attention crisis in the business environment at Impact Bucharest 2026. Lembke, the author of the global bestseller Dopamine Nation: Finding Balance in the […]
