S&P analyst: high nominal GDP growth helps Romania's fiscal consolidation

"We are looking at a very high nominal GDP growth in Romania, in the area of 8-9%, even 10%, in the medium term, which will, of course, support fiscal consolidation even if structural reforms will delay," Karen Vartapetov, chief analyst at S&P Sovereign Ratings for the Central and Eastern European region, explained during a webinar organized by the rating ...

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