Freedom article – published Wednesday, May 14, 2025, 16:26 / Updated Wednesday, May 14, 2025 16:27
Financial analyst Cristian Tudorescu calculated what are the economic scenarios that await us after the elections, depending on their winner.
If the independent Nicușor Dan will be elected as president of Romania the course will remain approximately equal to the current one, the interest rates are back to the levels a few weeks ago, and for balancing the budget will be made a small tax increase, he wrote on Facebook.
In this case, the standard of living will decrease by 2-3% compared to the current one, according to it.
In contrast, if the extremist George Simion wins, then the course will depreciate in a few weeks at 5.5 lei for one euro, the interest to which the state is borrowed will become unsustainablethe European funds of 13 billion euros from the National Plan of Redress and Resility (PNRR) will remain blocked, and in the next six months there will be “tax increases”, freedom shows.
Instead, the standard of living would decrease with 10-15%Tudorescu shows. The BNR warning its warning comes from that of the National Bank of Romania (BNR). Adrian Rădulescu, counselor within the central bank, warned last week that if the situation does not correct “Titanic writes us”.
George Simion won the 1st Presidential Election Tour 1
BNR spent 6 billion euros to hold the lion
BNR spent 6 billion euros last week to keep the lion courseaccording to a note of the Austrian bank erste, quoted by Profit.ro. The national currency depreciated up to a minimum of 5.12 lei for one euro at the official rate, but also reached 5.3 lei at the foreign exchange houses.
Next, it plays more problems on Romania: political uncertainty, budget deficit and the possibility of choosing an extremist.
PSD-gold governance?
We remind, Prime Minister Marcel Ciolacu resigned after the first election round, and in the case of Simion's choice we could attend a PSD-gold governance. Asked what the PSD will choose between Vladimir Putin and America, as the problem seven former ambassadors of the United States in Bucharest, Deputy Prime Minister Sorin Grindeanu asked not to be done “aggression” on the PSD electorate.
“Let us not make a kind of aggression on an electorate that does not swallow this white or black. I do not think if one of the candidates comes out, and we know which, we leave the EU. It challenges intelligence.
