Romania's Treasury awaits political and fiscal clarity before new FX bond
Romania will wait for the results of the presidential elections in May and new measures to reduce the largest budget deficit in the European Union before returning to international markets, said Treasury chief Stefan Nanu on April 24.
iulian ernst · Journalist
· Updated · 2 min read
Romania will wait for the results of the presidential elections in May and new measures to reduce the largest budget deficit in the European Union before returning to international markets, said Treasury chief Stefan Nanu on April 24.
"The next FX bond issue will take place after the [May 4/18] presidential elections and after the expected [fiscal corrective] measures from the new government," Nanu said in a Bloomberg interview in Washington, according to Ziarul Financiar.
