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Insight of the Day: Explaining the €6 Billion Trade Deficit in Food Products: Why is Romania a Consumer Market, Not a Production Hub for Foreign Giants?

futureofromania

Nov 133 min read

Insight of the Day: Explaining the €6 Billion Trade Deficit in Food Products: Why is Romania a Consumer Market, Not a Production Hub for Foreign Giants?

Findings: Romania’s food trade deficit reached over €6 billion in 2023, largely due to reliance on imports rather than local production....

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Insight of the Day: Budget Deficit and Public Debt are Rising. 'If Any Politician Says Taxes Won't Go Up Next Year, They're Lying'"

futureofromania

Oct 282 min read

Insight of the Day: Budget Deficit and Public Debt are Rising. 'If Any Politician Says Taxes Won't Go Up Next Year, They're Lying'"

Findings: Despite promises of fiscal stability, Romania has introduced several fiscal changes in 2024, focusing on digitalizing the tax...

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Insight of the Day: Public Finance Crisis Deepens: Budget Deficit Reaches 5.44% of GDP in First Nine Months of 2024

futureofromania

Oct 263 min read

Insight of the Day: Public Finance Crisis Deepens: Budget Deficit Reaches 5.44% of GDP in First Nine Months of 2024

Findings In the first nine months of 2024, Romania’s budget deficit hit 5.44% of GDP, significantly surpassing the European Union’s 3%...

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