S&P Global: Romania political turmoil unlikely to stop fiscal consolidation

S&P Global Ratings said on Tuesday that it does not expect imminent risks to Romania’s near-term fiscal consolidation plans following the resignation on of USR Plus ministers from the government coalition.   USR Plus’ withdrawal, following a series of policy clashes and intra-coalition tensions, will require prime minister Florin Citu to seek parliamentary re-approval for his now minority cabinet within 45 days, S&P said in a press ...

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