BNR Highlights Key Economic Challenges for Romania

BNR Highlights Key Economic Challenges for Romania

Romania

The National Bank of Romania (BNR) is closely monitoring the timely attraction and use of European funds, which are crucial for major investments in the economy, said Cosmin Marinescu, BNR's Deputy Governor, during the 'Economic Trends 2025' conference on Monday. He emphasized the importance of addressing the challenges of balancing green energy objectives with energy and economic security, CE Report quotes Agerpres

Marinescu noted that while Romania faces multiple risks—both internal and external—the absorption of European funds remains a key priority. Delays in this process could hinder the expected positive impact on the economy. He also discussed the country's economic outlook, including a decrease in inflation to 3.8% by 2025, despite ongoing uncertainties.

Romania's economic growth for 2024 was below expectations, at just 0.9%, with budget and current account deficits posing significant challenges. However, recent fiscal measures and administrative reforms show the government's commitment to restoring economic stability.

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