The leu is depreciating, and the euro is approaching 5.10 lei, in the context of political instability in Romania. Economists warn that if this instability continues, the exchange rate could even reach 7 lei. Cristian Păun, an economic analyst, emphasizes that a political crisis at this moment exacerbates the economic situation, increasing the risks of Romania being downgraded to 'junk country' status.
This would lead to an increase in interest rates, including ROBOR and IRCC, affecting the costs of loans for Romanians. The Bucharest Stock Exchange opened in the red, and projects with European funds could be blocked due to political turmoil. Political stability is essential to avoid a downgrade and to reduce the budget deficit, as Romania already has the highest interest rates on loans in the region.
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