Romania is facing a severe financial crisis , with the government warning it risks running out of funds to cover pensions and salaries. Prime Minister Ilie Bolojan described the situation as critical, stating that without immediate and stringent action, the country could slide into a harsh recession. The government is urgently seeking ways to increase its budget revenues while cutting expenditures. According to Bolojan, Romania currently spends 132 lei for every 100 lei it collects in taxes,