Romania's seven-year plan to narrow budget gap may test markets' patience

 Financial markets might run out of patience with Romania's high fiscal deficit, chairman of the country's fiscal watchdog Daniel Daianu warned on Tuesday, saying Bucharest's seven-year plan to narrow the gap risked being too slow for some investors, Reuters reports.The prospect of presidential and parliamentary elections in central Europe's second-largest economy in November and December has triggered a spending surge that is expected to push Romania's ...

Developed by Codecraftsman