Briefing - The fiscal situation in Romania - 10-06-2025
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This briefing outlines recent and past developments concerning Romania’s fiscal situation and the steps taken under the Excessive Deficit Procedure. On 4 June 2025, the Commission issued a recommendation stating that Romania had failed to take effective corBriefing - The fiscal situation in Romania - 10-06-2025
This briefing outlines recent and past developments concerning Romania’s fiscal situation and the steps taken under the Excessive Deficit Procedure. On 4 June 2025, the Commission issued a recommendation stating that Romania had failed to take effective corrective action. Should the Council adopt a decision in this regard, the Commission would be obliged to propose the suspension of payments or commitments under the ESI Funds and the RRF. Such a suspension could carry significant economic and social repercussions. Finally, this briefing recounts the situation of Spain and Portugal which also faced a suspension of payments in 2016, and highlights the role of the European Parliament in this process. Source : © European Union, 2025 - EP