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Emerging Europe Economics Update

Emerging Europe Economics Update

Is Romania on the brink again?

Yesterday’s cabinet reshuffle in Romania does not present any immediate risk to the IMF-led loan programme. But it underlines the tense political situation and the deep divisions in parliament over the government’s austerity measures. In any case, the outlook for the economy remains grim.

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This article is tagged with the following subjects: Emerging Europe, Macro-economics, Politics, Romania
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