Romania's Finance Minister Alexandru Nazare announced on Friday evening that the government's economic growth forecast for 2026 is 1 % and that inflation is expected to fall to about 4 % by December. Nazare highlighted that almost 20 billion euros in European funds - including 10 billion from the Recovery and Resilience Facility, 5 billion from cohesion funds and 5 billion in agricultural subsidies - will be absorbed this year and should support growth. He said that the European Union's planned accession to the OECD could lower interest rates and boost investment. Nazare also mentioned tax measures such as the reinstatement of a 3 % rebate for companies and self‑employed persons. He said that the government will discuss these measures with the Commission. The minister stressed that the economic revival plan, built by a coalition of parties, is gradually being implemented and that the government expects the benefits to materialize in the second half of the year.
Economy
Romania's Finance Minister forecasts 1% growth for 2026, inflation to reach 4% by December
Original article can be found here.