political crisis

The political instability in Romania during this period has direct effects on the economy, from the increase in interest rates and the depreciation of the exchange rate to the risk of losing significant amounts from the PNRR, shows an analysis carried out and published on Tuesday by Concordia.

Romania’s sacked Interior Minister Dan Nica said Monday his dismissal is an attack that could throw Romania into an unprecedented political crisis, which could spell disaster for the country which is also going through a deepening recession.