CPAG

Consilium Policy Advisors Group

Publications

Latest Publication Laurian Lungu

Papers and articles from the last year.

One Year On: Romania's Fiscal Adjustment Has Been Complicated, Only Partly Efficient, with No Support to Economic Growth. Fiscal Adjustment Needs a Reset to Jumpstart the Economy.

Analysis PaperSeptember 3, 2026

One Year On: Romania's Fiscal Adjustment Has Been Complicated, Only Partly Efficient, with No Support to Economic Growth. Fiscal Adjustment Needs a Reset to Jumpstart the Economy.

Fiscal policy Economic policy analysis

Romania’s fiscal adjustment has been complicated, only partly efficient, and has provided no support to economic growth. The first seven months of 2026 show why the 2025 fiscal package needs a reset to jumpstart the economy, compared with what CPAG proposed in June 2025.

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Domestic Policy Options for the Oil Price Shock

ArticlesMarch 16, 2026

Domestic Policy Options for the Oil Price Shock

Energy economics Fiscal policy

Policy options for Romania in the context of oil-price shocks, inflation risks, and fiscal trade-offs.

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Silver Prices and Their Implications for the Economy

ArticlesFebruary 12, 2026

Silver Prices and Their Implications for the Economy

Natural resources & commodities International finance & financial markets

An article on silver price dynamics and their broader implications for inflation, markets, and the economy.

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The Window of Opportunity for Gradual Budget Deficit Adjustment Is Closing Fast

ArticlesFeaturedNovember 9, 2025

The Window of Opportunity for Gradual Budget Deficit Adjustment Is Closing Fast

Fiscal policy Public finance & taxation

CPAG analysis examining the economic implications and policy options linked to the topic.