The growth of Romania's economy will not be even half of what was estimated in 2024, and the deficit will reach 8% of the GDP, warns the European Commission.
Data provided by the National Institute of Statistics (INS) show that the trade deficit increased by 15% in the first nine months of the year.
The Prime Minister of Romania, Marcel Ciolacu, has held talks with the Qatari authorities about major investments in infrastructure, energy, agriculture and other economic sectors.
Romania’s economy grew by 2% in 2023, but inflation remains a risk factor for citizens’ living standards.
Romania has been struggling with excessive budget deficit for several years