Romania's deficit is unusually high

Romania's fiscal deficit is unusually high for a country not experiencing war or disaster. Fiscal Council President Daniel Dăianu stated the deficit at the end of last year was rare, and the government's 2026 deficit target is ambitious given current economic conditions. Dăianu also expressed reservations about business people leading state reform, emphasizing the need for experts and noting that public sector reform differs significantly from private business management.