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Romania ups 2025 public deficit target to 8.4% of GDP, higher debt service expected
The government of Romania has wrapped up the discussions on the first budget revision this year, which provides for additional allocations of RON 22.8 billion (EUR 4.5 billion) or over 1% of GDP in net terms, and a deficit target of 8.4% of GDP, according to sources consulted by Bursa.ro. The document is to be adopted on September 30 in an extraordinary session of the executive.[....]