#Latest news with #BarnaTanczosBloomberg19-05-2025BusinessBloombergRomania Will Need to Move Quickly on Reforms, Finance Chief SaysRomania's finance chief said a new government will need to move quickly to fix state finances even after the election of Bucharest Mayor Nicusor Dan as president helped soothe market turmoil that's engulfed the Black Sea nation. Finance Minister Barna Tanczos said Romania is 'under scrutiny practically ever day' by investors and ratings agencies. They'll be satisfied by the victory of a centrist candidate over a far-right party leader, but policymakers have their work cut out for them to address the widest fiscal gap in the European Union, he said.
Bloomberg19-05-2025BusinessBloombergRomania Will Need to Move Quickly on Reforms, Finance Chief SaysRomania's finance chief said a new government will need to move quickly to fix state finances even after the election of Bucharest Mayor Nicusor Dan as president helped soothe market turmoil that's engulfed the Black Sea nation. Finance Minister Barna Tanczos said Romania is 'under scrutiny practically ever day' by investors and ratings agencies. They'll be satisfied by the victory of a centrist candidate over a far-right party leader, but policymakers have their work cut out for them to address the widest fiscal gap in the European Union, he said.