Romania makes progress in correcting imbalances and consolidating finances; fiscal risks remain
Frankfurt am Main, December 19, 2016-- Whilst Romania has made significant progress in correcting its macroeconomic imbalances and in consolidating government finances, there is a risk that fiscal easing might lead to a deterioration in the government's fiscal outlook and the economy's price competitiveness, Moody's Investors Service said in a new annual report. The annual update, "Government of Romania- Baa3 Positive, Annual Credit Analysis", is now available on...
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