The year 2025 announces a difficult one. The weakness of the economy, the external shocks, the structural problems of the economy such as the massive loans and the budget deficit, have a difficult word to say in the year that has just begun. Recently American Fitch and S&P rating agencies have relegated Romania's prospect to «negative», which puts even more pressure on the economy. Economists believe that the first step to be taken to recover the economic situation is to stop the expenses, especially pensions and wages. «For this year the most important measures are the freezing of salaries and freezing pensions. Pensions mean about 1% of GDP, and wages about 0.5% of GDP, ”said Ionuţ Dumitru, chief economist of Raiffeisen Bank, in the ZF Live business show, made with the support of Orange Business, in addition to freezing expenses, the measures that the government will have to implement must be much tougher. Ionuţ Dumitru, chief economist of Raiffeisen Bank, points out that the economy is not enough for the expense is not sufficient and that without a well -developed plan to reduce the budget deficit within the limits pursued by the Government is very difficult. «In the absence of other measures, the budget deficit will be between 7.5-8%. Let us not forget that we are at a very large budget deficit. We must be aware that it is huge. When you start from a budget deficit that goes to 9% to reach 3% even in seven years it is a huge effort, ”Ionuţ Dumitru told ZF Live.
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