International financial investors review Romania as part of regional tour
A group of international financial investors headed by US bank JP Morgan met Romanian prime minister Ilie Bolojan as part of a regional tour. The visit came as Romania is striving to address major fiscal slippage that prompted equally…
iulian ernst · Journalist
· Updated · 2 min read
A group of international financial investors headed by US bank JP Morgan met Romanian prime minister Ilie Bolojan as part of a regional tour. The visit came as Romania is striving to address major fiscal slippage that prompted equally significant financing requirements.
More precisely, Romania temporarily prevented an imminent sovereign downgrade in July, with a first package of budgetary measures primarily including a VAT rate hike and a promise not to raise public wages and pensions through 2026 after a similarly austere conduct in 2025. A second package of budgetary measures was promoted for enactment by the government recently.
