Romania will likely face a deeper recession than currently anticipated as part of an unavoidable economic adjustment process aimed at correcting the country’s fiscal and external imbalances, economic analyst Radu Crăciun said during the FIAR 2026 International Insurance and Reinsurance Forum organised by Xprimm. All that can be done is securing a soft landing without IMF intervention, he argued, as reported by Economica.net. Crăciun, who is also a professor at the Bucharest University of Economic Studies (ASE) and former president of the Association for Private Pensions in Romania (APAPR), argued that a “soft landing” of the economy necessarily implies slower growth and contractionary effects. [...]