Romania's finance minister, Alexandru Nazare, has said a report on the country's financial situation will be made public in the second half of this week.

Nazare said on Monday evening, 9 November, that the document was requested by the Social Democratic Party (PSD) and by Prime Minister Luca Niculescu, and is at an advanced stage of preparation. Its release still depends on every ministry transmitting its data, he told Antena 3 CNN.

Defence financing talks in Brussels

On the same day, Nazare took part in Brussels in an inclusive-format Eurogroup meeting dedicated to defence financing, where he held talks with NATO Secretary General Mark Rutte, Czech finance minister Alena Schillerova and Italy's economy and finance minister Giancarlo Giorgetti.

Rutte raised the security of the Black Sea and the growing risks to navigation and trade, Nazare said, adding that frontline states' efforts should be backed by adequate financing.

Motorways as dual-use infrastructure

Nazare named the Moldova Motorway (A7) as the clearest example of dual-use infrastructure, serving both civilian and military purposes. He said the road will link Bucharest and the port of Constanta with Ukraine's border and, via the A8, with Moldova.

Romania has also obtained 4.2 billion euros through the EU's SAFE programme for strategic sections of the Pascani-Suceava-Siret and Motca-Iasi-Ungheni motorways. Nazare said these investments form part of the commitment made at the NATO summit in The Hague, of up to 1.5 percent of GDP for defence and security investment including infrastructure, and that Romania argued infrastructure, not only equipment, should be recognised under the defence flexibility of EU fiscal rules.

Sources: Pollar News and MrEast.