Political normalisation pushes down Romania’s borrowing cost
Romania’s borrowing costs eased sharply after the Constitutional Court validated the reform of magistrates’ special pensions, a key milestone required by the European Union for the release of funds under the National Recovery and…
iulian ernst · Journalist
· Updated · 2 min read
Romania’s borrowing costs eased sharply after the Constitutional Court validated the reform of magistrates’ special pensions, a key milestone required by the European Union for the release of funds under the National Recovery and Resilience Plan (PNRR), Bloomberg reported. The improvement, however, reflects a broader easing of political tensions rather than the court ruling alone.
The yield on Romania’s 10-year government bonds fell by six basis points to around 6.4% per year, the lowest level in the past two years, according to data cited by Bloomberg and G4media.ro.
