The EU determines that Romania has not corrected its excessive deficit after failing to comply with Council recommendations
25 Jun 2026Effective: 20 Jun 202580 views
Who is affected:
European institutions, the Romanian State and companies with interests in Romania
Summary
The EU Council concludes that Romania has not adopted effective measures to reduce its excessive budget deficit, which may result in European financial sanctions.
Detailed analysis
PRO
The EU Council has adopted a formal decision confirming that Romania failed to comply with the recommendations issued on 21 January 2025 to correct its excessive deficit situation. This step activates the Excessive Deficit Procedure (EDP) at a more advanced stage, which may lead to the suspension of European structural…
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