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EC forecast: fiscal consolidation to silence economic growth in Romania this year
Amid two years of severe fiscal consolidation, complicated by unexpected impacts from the Middle East crisis, Romania’s economy will post a marginal 0.1% growth in 2026, according to the European Commission’s Spring Forecast published on May 21. This marks a sharp revision from 1.1% under the Autumn Forecast last fall. The quasi-stagnation comes after two years of sluggish advance of under 1% per annum, but it looks more optimistic compared to other independent projections. [...]