Investor Exodus Over Political Turmoil
Investor fears are mounting as Romania faces a deepening currency crisis, driven by political instability, according to economic consultant Adrian Negrescu. He warns that investors are pulling out of Romanian securities, with the RON falling past the 5/EUR threshold and the stock market reacting negatively to recent election results. Despite the National Bank spending nearly €3 billion to defend the currency, Negrescu believes continued intervention may backfire, inviting speculation. He urges top leaders and presidential candidates to publicly reassure markets and outline economic plans to prevent long-term damage to Romania’s investment reputation, CE Report quotes Agerpres
