Macro: Special Romania: Tactical manoeuvrings continue on both sides
- Recent Constitutional Court (CC) ruling made early elections less likely,- ... demonstrating that the procedure is complex and can be derailed by opponents
- Corona virus fears as hot topic at the moment, especially in light of a lacking, fully functioning government
- President Iohannis designated now interim Finance Minister Citu (PNL) to form a new cabinet, but odds for failing to
pass the vote are high in our view
- Early parliamentary elections can take place only if two PM designations are rejected by parliament,¦
- ... so, it is hard to predict how major opposition parties and CC will behave in the following period
- Overall, snap elections remain possible, we attach a 50/50 chance currently
This Research was produced and first published by Raiffeisen Bank International AG which is supervised by the Austrian Financial Market Authority and the National Bank of Austria.
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The Institutional Equity Research team consists of roughly 15 analysts, both in Vienna and the CEE countries. Our analysts provide long-standing sector expertise in tandem with profound local market know how and a sectoral approach across the entire region.
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