Romania’s rising public debt and high borrowing costs are putting increasing pressure on the country’s public finances and weakening the competitiveness of domestic companies, according to Ciprian Dascălu, Chief Economist and Head of Research at BCR. Speaking at the “2027 Budget and Fiscal Policy” conference organised by Curs de Guvernare, he warned that the state is facing unsustainable financing costs, while interest payments are absorbing a significant share of the budget deficit. [...]