Romania eyes OECD membership amid recession warnings

A study by the Blocul Național Sindical (BNS) estimates that Romania’s accession to the Organisation for Economic Co‑operation and Development could generate up to €3.5 billion in annual foreign direct investment, lift annual growth by around 1 % of GDP and cut public‑debt financing costs by roughly €840 million. The benefits depend on implementing structural reforms such as reducing the budget deficit, closing the VAT gap and strengthening public institutions. The study warns that using OECD membership as a pretext for new taxes would undermine competitiveness.

Separately, Adrian Codirlaşu, president of CFA România, said the country’s growth model based on large deficits and debt has run its course. He predicts a recession of 0.5 %‑1 % this year, notes public debt already exceeds 60 % of GDP, and urges the government to channel investment through EU funds instead of domestic taxes. Both analysts stress the need for fiscal prudence and reforms to sustain economic stability.