Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Romania's top court delays ruling on two fiscal measures
    Finance

    Romania's top court delays ruling on two fiscal measures

    Published by Global Banking & Finance Review®

    Posted on October 8, 2025

    2 min read

    Last updated: January 21, 2026

    Romania's top court delays ruling on two fiscal measures - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:corporate governancepublic policyFiscal consolidationeconomic growth

    Quick Summary

    Romania's Supreme Court delays decisions on fiscal measures, impacting government efforts to reduce the budget deficit and stabilize governance.

    Romania's Supreme Court Delays Decision on Key Fiscal Policies

    BUCHAREST (Reuters) -Romania's top court on Wednesday rejected two challenges brought against measures to lower the budget deficit but said it would postpone a decision on two others, prolonging uncertainty over the stability of the broad coalition government.

    The measures, which the government fast-tracked through parliament, are part of wider efforts aimed at bringing down the fiscal shortfall towards 6% of economic output next year from more than 9% last year.

    The measures, with an overall budget impact of roughly 10.6 billion lei ($2.42 billion), were broken down into five bills to avoid having the court strike all of them down. The court initially met on September 24 before postponing a ruling on four of the five bills to October 8.

    COURT POSTPONES RULINGS ON JUDGES' PENSIONS, OTHER MEASURES

    On Wednesday, the court rejected challenges to bills on corporate governance of public enterprises and on healthcare, saying they were in line with the constitution. It again postponed ruling on two of the bills until October 20.

    These include the most eagerly awaited ruling on judges' pensions. The government wants to gradually raise the retirement age for judges and prosecutors to the standard 65 from an average now of 48-49, while capping their pension at no more than 70% of their final salary.

    The top court has struck down previous attempts to change judicial pensions.

    Other measures include job cuts and remuneration caps for state companies, as well as higher property and vehicle taxes, among other increases.

    Liberal Prime Minister Ilie Bolojan has said his government would lack legitimacy should the top court strike down the measures, although he later said he was focused on governing rather than considering his resignation.

    Centrist President Nicusor Dan has dismissed concerns over a potential strikedown of measures capping pensions for judges and magistrates, saying the government could draft a new law taking the top court's arguments into account.

    ($1 = 4.3836 lei)

    (Reporting by Anna Wlodarczak-Semczuk and Luiza IlieEditing by Gareth Jones)

    Key Takeaways

    • •Romania's Supreme Court delays ruling on fiscal measures.
    • •Government aims to reduce budget deficit from 9% to 6%.
    • •Court rejects challenges to corporate governance and healthcare bills.
    • •Ruling on judges' pensions postponed to October 20.
    • •Prime Minister Bolojan focuses on governance despite challenges.

    Frequently Asked Questions about Romania's top court delays ruling on two fiscal measures

    1What is corporate governance?

    Corporate governance is the system of rules, practices, and processes by which a company is directed and controlled. It involves balancing the interests of stakeholders, including shareholders, management, customers, and the community.

    More from Finance

    Explore more articles in the Finance category

    Image for If US attacks, Iran says it will strike US bases in the region
    If US attacks, Iran says it will strike US bases in the region
    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
    Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
    Image for NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    Image for Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Image for US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Image for Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Image for The Kyiv family, with its pets and pigs, defying Russia and the cold
    The Kyiv family, with its pets and pigs, defying Russia and the cold
    Image for Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Image for French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    View All Finance Posts
    Previous Finance PostEU plastics sector says closures will accelerate without swift action
    Next Finance PostUK's Serica Energy cuts production forecast again after new Triton setback