The Minister of Finance: “Markets evaluate the current political situation as a significant risk”
Tanczos Barna, Minister of Finance / Photo: Inquam Photos / George Călin
The Interim Minister of Finance, Tanczos Barna, states, on Friday night, a slight improvement in market conditions, but also the fact that “rating agencies and markets evaluate the current political situation as a significant risk and negative factor.” The minister believes that, on May 18, “we choose between the perspective of stabilization and rectification or an immediate worsening of the situation,” informs News.ro.
“We see signs of improvement of market conditions: the Lion course has stabilized and the long -term financing costs have begun to decrease,” the Interim Finance Minister Tanczos Barna wrote on Facebook on Friday night. Potrivit acestuia, este dovada că instituţiile statului fucţionează şi BNR are suficiente instrumente să menţină un echilibru pe cursul de schimb.
“However, we must remain balanced and reserved. The rating agencies and markets evaluate the current political situation as a significant risk and negative factor. The political risk generated by the result of the elections can affect the economic indicators. We need as soon as possible to form a responsible government and immediate reforms to restore the macroeconomic balance,” the minister said.
Tanczos Barna states that, on May 18, “we choose between the perspective of stabilization and recovery or an immediate worsening.” “Only one president with European values can guarantee a stable democratic journey and can prevent a period of uncertainties that would deeply affect the development of the country,” the UDMR leader said.
The formation of which he is part officially announced the support of Nicuşor Dan in the second round of the presidential elections.
According to the results of the first tour of the presidential elections, the lion was depreciated with respect to the euro. The official, reference exchange rate announced on Thursday by the NBR reached a record of 5,1222 lei for one euro, compared to 5,0991 lei registered on Wednesday.
