In-Depth Analysis - Romania’s fiscal situation: state-of-play and legal framework - 24-10-2025
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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 correIn-Depth Analysis - Romania’s fiscal situation: state-of-play and legal framework - 24-10-2025
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. The Council adopted a decision in this regard on 20 June. In July 2025, the Council required Romania to present measures by 15 October 2025; Romania has since adopted two fiscal packages. Because of the June Council decision, the Commission would be obliged to propose the suspension of payments or commitments under the ESI Funds and the RRF. This briefing reviews Romania's macroeconomic and fiscal situation (Section 1), EDP developments including fiscal packages adopted (Section 2), Country-Specific Recommendations (Section 3), EU funds at stake (Section 4), the legal framework for suspensions (Section 5), and the role of the European Parliament with lessons from the 2016 Spain-Portugal precedent (Section 6). Source : © European Union, 2025 - EP Read more
