2025 might be turning point in budgetary consolidation through new fiscal/budgetary measures (Fiscal Council president)
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The year 2025 might be a turning point in budgetary consolidation through new fiscal/budgetary measures that will help Romania to exit the excessive deficit procedure, even if not immediately, Daniel Daianu, president of the Fiscal Council, told AGERPRES.
"The new pension law aims at correcting blatant inequities in the public pension system and helping its long-term sustainability. The law has benefited from a sound analysis by the World Bank and is included as a milestone in the PNRR [the National Recovery and resilience Plan]. There is, however, the question of budgetary impact in the immediate…
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