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Romania targets 2.4% of GDP fiscal consolidation in 2026, to 6% of GDP public deficit
Romania’s government estimates its public deficit to reach 8.4% of GDP under ESA methodology this year marking a 0.9 percentage points (pp) consolidation from 9.3% of GDP in 2024, and targets stronger, 2.4pp consolidation to a 6%-of-GDP deficit in 2026 under the progress report sent to the European Commission (EC) under the Excessive Deficit Procedure (EDP) consulted by Economedia.ro.[....]