The Political Crisis Could Blow up Romania's Economy. What Bloomberg Says About the "Alarming Turbulence"

CursDeGuvernare.ro

Factuality

Ownership

Romania is facing a new political crisis that will further alarm investors and rating agencies, at a time when they have warned that political stability is needed to reduce the budget deficit and avoid a rating downgrade, Bloomberg writes on Monday. In the context of the political crisis that is about to be triggered […] The article Bloomberg: Romania already pays the highest interest rates in the EU – The political crisis will alarm investors a…

Stirile Antena 1 Observator

Factuality

Ownership

Romania is bracing for political turmoil that is alarming to investors and rating agencies, who have warned that political stability is essential for the country to continue its efforts to reduce the European Union's largest budget deficit and avoid a rating downgrade to junk, Bloomberg reports. Borrowing costs will rise further, and Romania already pays the highest interest rates in the region, the source added.