Romania's Q2 2026 budget deficit hits 9.2% of GDP, highest in EU; PSD blames ex-PM Bolojan

Eurostat data shows Romania's seasonally adjusted budget deficit reached 9.2% of GDP in Q2 2026, the highest in the EU, indicating austerity measures under former PM Ilie Bolojan failed to curb fiscal imbalance. PSD's accusation is politically motivated ahead of elections, but the data is confirmed. The high deficit signals persistent fiscal vulnerability and potential pressure on Romania's creditworthiness and EU funds.

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