Shock therapy for fiscal-budgetary consolidation
Cătălin Roșioru
The second semester of last year marked our country's entry into a fiscal-budgetary consolidation phase forced by reality, after a first semester that pushed the deficit to 3.68% of Gross Domestic Product (GDP) and amplified the risk of a sovereign rating downgrade and a loss of momentum in the absorption of European funds. Practically, everything that happened in the last six months of 2025 meant the transition from the diagnosis of structural financial instability to the administration of
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