Fiscal surveillance in Romania

On this page you find documents related to the EU fiscal surveillance in Romania, including 

• its national medium-term fiscal-structural plan that sets out the country’s commitment to ceilings for net expenditure as well as priority public investments and reforms and the Commission assessment and Council endorsement of the plan.
• annual progress reports in which the country reports on the implementation of its national medium-term fiscal-structural plan.
• documents related to the excessive deficit procedure (EDP).

Medium-term fiscal-structural plans

Annual Progress Reports

Each year by 30 April, Member States have to present an Annual Progress Report on the implementation of their national medium-term fiscal-structural plan. These reports facilitate the effective monitoring and enforcement of the implementation of the maximum growth rates of net expenditure set by the Council and the reform and investment commitments made by Member States in their national medium-term fiscal-structural plans. 

See Romania’s annual progress reports

Excessive Deficit Procedure 

Romania is subject to an Excessive Deficit Procedure. 

Documents related to the excessive deficit procedure for Romania

Assessments of Romania's convergence programme (Archive)

As it was formerly required by the Stability and Growth Pact, each spring Romania submitted a stability programme which presented an update of the medium-term fiscal strategy.

Based on an assessment by the Commission prepared by DG ECFIN, the Council adopted an opinion on the programme and country-specific recommendations in the scope of the European Semester.

Euro area Member States submitted stability programmes while countries outside the euro area submit convergence programmes.