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Power-sharing will hinder reforms in Romania

Location:

ROMANIA

Prospective entry into the passport-free area will give a boost to the Romanian cabinet backed by the Social Democrats (PSD) and National Liberals (PNL). While providing…

Romanian fiscal and external deficits will remain wide

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ROMANIA

Romania is among the member states liable to the EDP. Although its debt is relatively low at 47.9% of GDP, Romania has wide budget and current account deficits, yet its tax-to-GDP…

Romania aims to contain pandemic for December election

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ROMANIA

During January-September, amid restrictions and social distancing, the economy contracted by just 4.6% year-on-year, helped by the resilience of certain sectors and supportive…

Romania will not meet OECD goals by date set

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ROMANIA

The government regards joining the OECD as a national objective. Having opened accession negotiations in January 2022 and received its roadmap that June, the publication last…

Romanian recovery plan renews state capacity doubts

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ROMANIA

The plan includes ambitious reforms and investment projects, but the Commission’s critical first reactions highlight questions around the feasibility of some of these reforms and…

Romania hopes to surmount virus’s expected second wave

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ROMANIA

Government measures to support workers and companies seem to have worked. With closer state-corporate dialogue established, surveys and some data give grounds for measured…

New Romanian government gambles on economic stimulus

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ROMANIA

To enact the bill by end-December and avoid potential defeat, the minority National Liberal (PNL) government side-stepped a vote by ‘assuming responsibility’ for the bill before…

Government incompetence risks major unrest in Romania

Location:

ROMANIA

The old guard’s resistance to reform.