Romania's budget deficit may reach 7-8% of GDP in 2024 due to lack of fiscal-budgetary consolidation.

Romania's Fiscal Council warns that the country's budget deficit may reach 7-8% of GDP in 2024 due to lack of fiscal-budgetary consolidation efforts. The CFA Romania Association forecasts 4.4% inflation, Leu depreciation to 5.1062 units per Euro, and a flat housing market. Potential investors should be aware of these economic risks and indicators when considering strategic partnerships and entering the Romanian market.

August 19, 2024
20 Articles