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S&P: Markets expect quick government formation and credible fiscal plan in Romania
The election of Bucharest mayor Nicușor Dan as Romania's next president will likely pave the way for a new government to address the fiscal risks, although challenges remain "substantial," S&P Global Ratings said, quoted by Bloomberg and…
iulian ernst · Journalist
· Updated · 2 min read
The election of Bucharest mayor Nicușor Dan as Romania's next president will likely pave the way for a new government to address the fiscal risks, although challenges remain "substantial," S&P Global Ratings said, quoted by Bloomberg and Economedia.ro.
"Markets will want to see how quickly the new government is formed and how credible its fiscal consolidation plans are," S&P told Bloomberg News.
