InterCapital: Investors may return to Romania if govt. obtains budget consolidation

Over the past six months, investors viewed Romania in relation to potential risks, culminating with the presidential elections. They welcomed Romania’s reaffirmed commitment to a pro-EU path, but are still waiting to see authorities tackle the public deficit, according to an analysis by Divo Pulitika, board member at Croatian asset manager InterCapital ETF.

Romania’s stock and bond market faced challenges since the Russian invasion of Ukraine. After a period of return to normalcy, concerns grew again after the EU elections of June 2024, with a perceived shift in Romanian sentiment toward Russia.