Romania Reaches Budget Deal to Fund Welfare Spending
PM Ilie Bolojan announced a deal to fund pensioner aid by delaying court payouts. The move keeps the 6.2% deficit target and stabilizes the ruling coalition.
Xurve View
Xurve View
The ruling coalition in Romania has reached a critical compromise regarding the 2026 national budget, potentially averting a political crisis that threatened the stability of the current government. Prime Minister Ilie Bolojan announced on Thursday that the four-party pro-European Union alliance found a mechanism to accommodate welfare spending demands from the Social Democrats without breaching deficit targets.
