Elections Will Not Influence Romania’s Econ Sector-Analysts

“Romania’s political situation is incorporated into the recent fluctuations regarding the exchange rate and the inappropriate fiscal and income policies,” said Marko Mrsnik, analyst for Standard & Poor’s Rating Services.

The results of the elections can indicate the fragmenting of the political environment, situation that is to last until 2008 general elections, according to Mrsnik.

“I wonder if the defeat of Government would make significant news. I think it is a well known fact that Government has lost its popularity among Romanians. The changes in the economic policy could be positive if amendments viewed the fiscal policy, the lowering of the budgetary deficit as well as more structural reforms,” said Andrew Colquhoun, Fitch Ratings analyst.

Kenneth Orchard, analyst for Moody’s Investors Service, said that the political events that take place in Romania would not influence investors’ trust as economic perspectives remain positive, supported by the country’s accession to the European Union.