Romania Finance Minister Warns 2027 Budget Faces PNRR and Deficit Risks

Romania's Finance Minister Alexandru Nazare cautioned that the nine-month 2026 budget execution, while showing deficit reduction, does not permit fiscal relaxation as Romania still holds the EU's largest deficit. He flagged risks around PNRR fund collection and stressed the 2027 budget must rely on certain revenues and sustainable expenditures. The statement signals potential fiscal tightening or budget constraints ahead, though specifics remain unclear.

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