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flag Greek governor advises Romania on debt recovery amid global instability; Romania's deficit halved to 0.7% of GDP.

The Bank of Greece's governor told Romanian officials that Greece recovered from its debt crisis through fiscal consolidation and structural reforms, lessons relevant amid global instability. Meanwhile, Romania’s finance minister reported the budget deficit for the first two months of 2026 was halved to 0.7% of GDP, driven by increased tax revenue. However, the country’s High Court is suing the government over a budget cut that delays payments for retroactive salary increases for magistrates.

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