România reduce emisiunile de euroobligațiuni din cauza crizei politice

Bloomberg reports that Romania may cut its external borrowing plan for this year, initially set at 10 billion euros, due to political instability and increased domestic borrowing. The Treasury chief indicated that no eurobonds will be issued until a new government is formed. Romania has raised about 5 billion euros in international bond markets so far this year, with private placements totaling around 2 billion euros. The political crisis following the coalition government's collapse in May has raised concerns about fiscal consolidation. Discussions for appointing a new prime minister are ongoing, as Romania narrowly avoided a downgrade to junk status by Fitch Ratings.