Political crisis would increase financing costs, threaten deficit target and foreign investment (minister)
Briana Lupea
A potential political crisis would send a negative signal to investors and rating agencies, push up the state's financing costs and jeopardise Romania's 6.2% of GDP budget deficit target for this year, Finance Minister Alexandru Nazare said on Wednesday, noting that the deficit for the first quarter had fallen to around 22 billion lei. "At the level of rating agencies and government bond investors there are concerns. These concerns are primarily linked to Romania's political situation, which is
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