Romania has been under the EU’s excessive deficit procedure since 2020, meaning it must present the European Commission with a multi-year plan to reduce the deficit back to below the bloc’s ...

Next, the plan, titled Security Action for Europe, must be greenlighted by the EU foreign ministers before submission to the European Parliament BRUSSELS, May 21. /TASS/. EU ambassadors have ...

BUCHAREST, Jan 21 (Reuters) - EU finance ministers approved Romania's deficit-cutting plan on Tuesday to bring its fiscal deficit below 3% of national output by 2030, a move Bucharest hopes will ...