Nazare: Budget deficit reduced by 32 billion lei; it’s a large-scale correction, not a one-off one

Romania’s budget deficit fell to 1.17% of GDP after the first four months of 2026, down from 2.9% in the same period last year, representing a reduction of over 32 billion lei, Finance Minister Alexandru Nazare said on Tuesday. "I’d like to start with today’s news. Although we’re discussing domestic capital, I’d like to begin […] Read more