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Romania's ruling coalition not ready to proceed with 2026 budget planning
The ruling coalition in Romania, in the meeting of January 26, failed to agree over several preliminary decisions that would unlock the construction of the 2026 budget planning, according to Adevarul.ro, citing sources familiar with the negotiations. A 6.2%-of-GDP deficit target, including 0.12% of GDP envelope for (to be decided) "economic relaunch measures," was announced and will reportedly be pledged by finance minister Alexandru Nazare in his January 29 meeting with the European Commission in Brussels. [...]