30/10/2024 (Agence Europe) – On Friday 25 October, Romania, which is subject to an excessive deficit procedure initiated before the Covid-19 pandemic, presented its medium-term fiscal-structural plan, which will run for seven years, from 2025 to 2031. It envisages the following trajectory for its net budgetary expenditure: 5.1% in 2025, 4.9% in 2026, 4.7% in 2027, 4.3% in 2028, 4.2% in 2029, 3.9% in 2030 and 3.8% in 2031. This trajectory should enable it to reduce the public deficit from 4.3% of GDP in 2025 to 1.3% in 2028, leading to a primary surplus of 0.3% of GDP in 2029, 0.7% in 2030 and 1.7% in 2031. Public debt would gradually increase from 55.7% to 62.6% of GDP between 2025 and 2029, before being reduced to 61.4% in 2031. See the medium-term fiscal-structural plans submitted by nineteen Member States at this stage: https://aeur.eu/f/djs (MB)