Romania finished 2025 with a budget deficit of 7.65% of GDP, below the 8.4% target agreed with Brussels. The lower deficit, about 146 billion lei, followed stronger tax revenues, tighter spending controls and a shift of public investment from loans to EU grant funds. EU grant receipts hit a record 75.9 billion lei, reducing the need for borrowing. Finance Minister Alexandru Nazare said the measures were essential to meet the deficit target and maintain economic stability, while also funding record investment and honoring key salary commitments. The government raised total budget receipts to 662.7 billion lei, up 15.3% year‑on‑year, with payroll tax revenue rising 20%.
Original article can be found here.