EC: Romania is confronted with increased risks-current account deficit deteriorates, increase of unit labour costs
Publicat:Romania is confronted with increased risks in the form of the current account deficit deteriorating and the increase of unit labor costs, and the recent government decisions have increased the risks in the financial sector and they could negatively affect private investment, the European Commission shows in the Country Report Romania published on Wednesday.
"Recent legislative initiatives create risks for the functioning of the financial sector. These include a parliamentary law retroactively capping mortgage interest rates and a government emergency ordinance imposing a tax on banks'…
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