Romanian Finance Minister Alexandru Nazare warned that any amount added beyond the approximately 8 billion lei supplementary budget for the new salary law would become a permanent obligation for the state budget.
Romania, through its Investment and Development Bank, will contribute up to €50 million to the new Three Seas Initiative Infrastructure Fund of Funds, aiming to attract private investments in infrastructure.
Romania's interim Finance Minister, Alexandru Nazare, stated that the risk of a rating downgrade for the country still exists, despite presenting arguments to maintain its current rating.
Eight nurses from the intensive care unit at Marie Curie Children's Hospital are leaving, leading to the closure of five beds and creating a chaotic situation. Officials are awaiting a memorandum to unblock positions and address the critical staffing issues.
PSD Europarliamentarian Vasile Dîncu suggested Alexandru Nazare could be a compromise candidate for prime minister, but only in a government including PSD.
The Romanian government is considering a new intervention in the fuel market after support measures for diesel expired, leading to initial price increases at the pump. Prime Minister Ilie Bolojan and Finance Minister Alexandru Nazare met with major distributors.
Interim Finance Minister Alexandru Nazare warned that Romania will restart discussions with rating agencies in two weeks and must convince them that the country does not deserve a junk rating.
Romania's Finance Minister Alexandru Nazare stated that the 680 million euros owed to Pfizer represents the largest damage to the state budget, as discussions with the company continue.
Dragoș Pîslaru, Romania's interim Minister of Investments and European Projects, stated he would join a technocrat government led by Alexandru Nazare, provided there is a principal agreement from Bolojan.
Interim Prime Minister Ilie Bolojan, alongside Vice Prime Minister Cătălin Predoiu and Finance Minister Alexandru Nazare, held a videoconference with prefects, setting a deadline for mayors to submit data on the implementation of local projects funded through the PNRR.
Romania's interim Finance Minister, Alexandru Nazare, responded to S&P's decision to maintain the country's rating but with a negative outlook, stating that "we cannot afford accidents along the way."
Romania's interim Finance Minister, Alexandru Nazare, stated that the next periodic rating agency evaluation for the country is scheduled for July, acknowledging concerns that agencies could also convene ad hoc meetings.
Dismissed Finance Minister Alexandru Nazare warns that Romania cannot afford an "economic interim" following the passage of a no-confidence motion, emphasizing the need for responsible public resource management and clear external signals.
Finance Minister Alexandru Nazare discussed Romania's economic situation during its political crisis, stating that the most serious concern is the signal that Romania might change its assumed trajectory, with rating agency analyses not looking favorable.
Romania's pro-European government is in crisis after seven Social Democrat (PSD) ministers resigned, threatening the stability of the ruling coalition. The PSD is reportedly planning to propose a no-confidence vote against the prime minister.
Alexandru Nazare stated that Romania has 'open doors' in Washington for attracting investments in energy, infrastructure, and technology, but warned that political stability and a clear national direction are crucial for maintaining American partners' trust.
Romanian Finance Minister Alexandru Nazare announced the launch of elicitatii.anaf.ro, an online platform where all assets seized by ANAF (the tax agency) will be published and available for public bidding, aiming to eliminate favoritism and paperwork.
Romania's Finance Minister Alexandru Nazare explained the government's decision to reduce diesel excise duties, stating it was a significant effort and that the current crisis is more severe than in 2022.
Romanian Finance Minister Alexandru Nazare announced that the national budget has officially entered into force, stressing the importance of responsible execution and fiscal discipline given limited fiscal space.
Tense discussions have reportedly taken place between Romanian Prime Minister Ilie Bolojan, Finance Minister Alexandru Nazare, and Energy Minister Bogdan Ivan regarding a potential reduction in fuel excise duty and VAT.
Romania's Finance Minister Alexandru Nazare expressed concern over the 'spectacular increases' in gasoline and diesel prices, the largest since the start of the Iran war, stating that the government must take measures, particularly regarding fuel stocks, while previously being reserved about excise tax reductions.
Romanian Finance Minister Alexandru Nazare stated that the country's accession to the OECD will significantly reduce financing costs and attract additional investments, as highlighted during the launch of the OECD's Economic Survey 2026 for Romania.
Romania's Finance Minister, Alexandru Nazare, announced that the country is starting the year from a solid financial position, with a significant portion of its funding for 2026 already secured.
Romanian Finance Minister Alexandru Nazare stated that Romania is not facing a crisis but a paradigm shift, moving from a consumption-based economy to one driven by competitiveness, during a debate organized by the government and the World Bank Group.
Romania's interim Finance Minister, Alexandru Nazare, announced that markets and investors reacted positively to Moody's reconfirmation of Romania's credit rating, leading to favorable borrowing rates for the country's government bonds.
Romania's Ministry of Finance is preparing for the upcoming rating assessment by Moody's, following Fitch's recent reconfirmation of the country's investment grade. Finance Minister Alexandru Nazare stated the objective is to return the outlook from 'negative' to 'stable'.
Romania's budget deficit decreased to 2% of GDP in the first half of the year, down from 3.64% in the same period last year. Despite this improvement, officials caution against complacency, stating there is no reason for relaxation.
Interim Finance Minister Alexandru Nazare stated that major festivals in Romania generate significant economic effects and promote the country internationally, positioning Romania to become a top European destination for event tourism.
Romania's interim Finance Minister Alexandru Nazare announced that the country has already secured almost half of its planned financing for 2026, with 49% of the state's financing plan achieved, stressing the importance of maintaining the country's credit rating.
Romanian Finance Minister Alexandru Nazare stated that avoiding a country rating downgrade is the major economic stake, following Moody's warning about prolonged political uncertainty.
Adrian Veștea met with Alexandru Nazare, who he referred to as the 'current and future Minister of Finance,' and shared a photo of them working together. Veștea stated that he would not promise a 180-degree change, implying continuity in financial policy.
Interim Finance Minister Alexandru Nazare stated that Romania could aim for an improved country rating by 2027 if it maintains its current fiscal and budgetary trajectory.
Alexandru Nazare has been questioned by the National Anticorruption Directorate (DNA) as a witness in the ongoing COVID-19 vaccine procurement case. Sources indicate his testimony is part of the investigation into vaccine-related matters.
Romania's interim Finance Minister Alexandru Nazare announced that the budget for the "Rabla" car scrapping program has been supplemented by 100 million lei, ensuring its continuation until 2026.
Romania's Minister of Finance, Alexandru Nazare, announced the signing of conventions to launch contracting and payments for eight regional programs for 2021-2027, utilizing EU funds. The mechanisms for financing have also been made more flexible.
Alexandru Nazare, Romania's interim Minister of Finance, announced that he had a "very good discussion" with representatives from the S&P rating agency. He emphasized the critical importance of clearly communicating the country's future plans and intentions.
Romanian Finance Minister Alexandru Nazare stated that the country must learn from the past mistake of increasing pensions without funding, as it prepares to adopt a new salary law.
Romanian Finance Minister Alexandru Nazare announced that Romania is achieving a solid and credible economic correction, despite international challenges such as rising interest rates, financing cost pressures, and economic slowdowns in many European states.
Romania's Finance Minister, Alexandru Nazare, cautioned that a political crisis could severely affect the economy, particularly by increasing financing costs during an already challenging period for the country.
Alexandru Nazare, a Romanian official, met with Jarrod Agen of the White House Council for Energy Dominance in Washington to discuss strengthening energy cooperation and financing opportunities.
Romania's Minister of Finance, Alexandru Nazare, announced that he has worked with the Ministry of Culture to change the legislation regarding the music stamp, describing it as a 'necessary breath of oxygen for the cultural industry and artists'.
Romanian Finance Minister Alexandru Nazare stated that the country's true test this year is its ability to maintain fiscal trajectory and meet budget deficit targets, acknowledging current challenges.
Romania's Minister of Finance, Alexandru Nazare, announced that the government's next step to intervene in fuel prices will involve modifying excise duties through a "dynamic excise mechanism."
Romanian officials have held discussions regarding the fuel market situation and rejected populist solutions, as prices for gasoline and diesel have now reached new record highs across the country.
Romanian Finance Minister Alexandru Nazare has expressed concern over 'spectacular increases' in fuel prices, stating that the government must take measures. This follows earlier discussions among Romanian ministers about fuel price hikes and potential government intervention scenarios amidst Middle East tensions.
Romanian Finance Minister Alexandru Nazare announced the government's adoption of the 2026 budget, projecting a 1% growth and a 6.2% deficit, emphasizing increased investment funds, including European funds, as the 'last train' for the PNRR.
Romanian Finance Minister Alexandru Nazare stated that the adopted economic recovery package, a strategic instrument of 5 billion euros, lays the foundation for investment-based economic growth until 2032.
Romania's Finance Minister discussed the country's financial outlook following reports from Fitch and Moody's, emphasizing the goal of setting a clear date for euro adoption. He acknowledged the challenges but highlighted the importance of fiscal adjustments and achieving a 'first stage of evolution' for the economy.
Alexandru Nazare, Romania's interim Minister of Finance, has called for fiscal responsibility in Parliament, cautioning that the country cannot afford unfunded budgetary measures ahead of crucial rating agency decisions.
The Romanian government has approved a memorandum to unblock 22 positions at the 'Marie Curie' Hospital, aiming to address staffing shortages. While this is a step forward, the broader issue of personnel deficit in the healthcare sector remains.
Romanian Finance Minister Alexandru Nazare continued technical discussions with international rating agencies, meeting with Moody's representatives, stating that the coming weeks are crucial for the country's credit rating.
Moldovan Prime Minister Alexandru Munteanu has unexpectedly resigned, triggering a government crisis. His resignation comes amidst ongoing corruption scandals within state institutions.
Romania's interim Finance Minister, Alexandru Nazare, announced that companies listing on the stock exchange will be eligible for an additional 50% deduction on expenses related to the listing process.
Adrian Veștea, nominated as Prime Minister, announced he would submit his list of ministers and governance program on Wednesday, proposing a government of PSD-PNL and technocrats. He stated he is open to discussions with all political orientations and is not concerned if AUR parliamentarians vote for his government.
Romania's interim Finance Minister Alexandru Nazare announced a new €100 million program, 'Diaspora Investește Acasă,' aimed at encouraging investments from the Romanian diaspora.
Romania's budget deficit decreased to 1.17% of GDP after the first four months of the year, with Minister Alexandru Nazare stressing the importance of avoiding issues with European fund absorption.
Ministrul Finanțelor, Alexandru Nazare, unul dintre principalii promotori ai digitalizării ANAF, spune că a ajuns la concluzia că extinderea obligativității sistemului RO e-Factura în anumite domenii…
Romania's Finance Minister Alexandru Nazare stated that rating agencies could call extraordinary evaluations if the economic and political situation deteriorates, but the interim government's objective is to avoid such ad-hoc assessments.
Romanian official Alexandru Nazare has issued a warning about the country's economic stability during its current political crisis. He emphasized the need to avoid any budget slippage, especially after discussions with Fitch, stating that Romania cannot afford an economic interim period.
Romanian Finance Minister Alexandru Nazare stated that the leu's devaluation against the euro is due to international investors' concerns over Romania's deficit targets and political turbulence.
Romania's Minister of Finance, Alexandru Nazare, announced a comprehensive reform of ANAF, the national tax agency, which will fundamentally change tax collection and taxpayer interaction, including the closure of hundreds of tax offices to combat inefficiency.
Romanian Finance Minister Alexandru Nazare, alongside Energy Minister Bogdan Ivan and European Investments Minister Dragoș Pîslaru, announced in Washington the first World Bank financing for nuclear energy in 60 years.
Romania is making strides towards strategic investments in Washington, with a focus on nuclear energy and infrastructure projects on the World Bank agenda. A partnership with the US Exim Bank is deemed essential to materialize these large-scale investments.
Romania's Finance Minister Alexandru Nazare denied signing a 2021 memorandum to prevent payments for unreceived Pfizer vaccines, while former Health Ministers Vlad Voiculescu and Alexandru Rafila have begun accusing each other regarding the ongoing Pfizer lawsuit over COVID-19 vaccine acquisition.
The Economist Romania Government Roundtable conference is taking place in Bucharest, featuring speeches from high-ranking Romanian and European officials, including Vice Premier Oana Gheorghiu and Finance Minister Alexandru Nazare.
Romanian Finance Minister Alexandru Nazare announced a "visible change of approach" at the National Agency for Fiscal Administration (ANAF), stating that tax inspectors will have "zero tolerance for evasion and large debtors."
Romanian Finance Minister Alexandru Nazare stated that funds for vulnerable pensioners are available and emphasized the need for a well-thought-out budget to be adopted as quickly as possible, announcing new coalition discussions.
Romanian Finance Minister Alexandru Nazare announced the 2026 budget, built on pillars of responsibility, balance, and development, with the goal of avoiding the excessive deficit procedure by 2029.
Romanian Finance Minister Alexandru Nazare announced the publication of the 2026 budget project, describing it as transparent, realistic, and balanced between fiscal consolidation and necessary investments for Romania's development, with increased spending but also more revenue from VAT, fines, and gambling.
Ministrul Finanţelor, Alexandru Nazare, a transmis sâmbătă, 7 martie, că ultima evaluare publicată de Moody’s „reconfirmă stabilitatea financiară a României” și că astfel sunt valitate măsurile…
Gabriel Biriș, a tax law expert, has criticized Romania's economic recovery measures, likening them to 'holy water' that only helps if one believes in them but will not produce results. He made these comments while discussing emergency ordinances.