Standard & Poor

PNL's Orban: President can solve crisis today; simple solution: 15 minute tete-a-tete

President Klaus Iohannis can solve the political crisis today, with all the tools at his disposal and the constitutional obligation to get involved, Chairman of the National Liberal Party (PNL) Ludovic Orban said on Wednesday. According to him, "the coalition is currently in a cease fire". "The president can solve the crisis today.

FinMin Nazare, European officials discuss Romania's prospects for economic growth in 2021

On a working visit to Brussels, Romania's Finance Minister Alexandru Nazare discussed with senior European officials Romania's economic growth prospects for 2021, narrowing its government deficit to below 3% of GDP by 2024 and introducing new measures to boost the economy under the SURE Instrument.

FP Portfolio Manager Meyer: One-off chance for Romania to shine this year despite economic slowdown

Romania has a one-off chance to shine this year, despite an economic slowdown compared to the previous years, says Johan Meyer, CEO of Franklin Templeton Investment Management Limited UK Bucharest Branch and Fondul Proprietatea co-Portfolio Manager. "30 years after the fall of the communist regime, Romania seems well anchored to the European values and on a clear path of economic development.

Borissov: There is Chance Bulgaria to Join the Currency Mechanism Up to 12 Months

,,Bulgaria may join the Currency Mechanism up to 12 months'', Prime Minister Boyko Borissov wrote on Facebook, reported Econ.bg

Rating Agency Standard & Poor has confirmed Bulgaria's credit rating with a positive outlook, confirming Bulgaria's long-term and short-term credit rating in foreign and local currency 'BBB- / A-3'.

Erdogan says Turkey will defy economic threats

Turkey's president has said his country will stand strong against an "attempted economic coup" amid heightened tensions with the US.

Recep Tayyip Erdogan on Saturday told thousands of supporters in Ankara that the country was being "threatened by the economy, sanctions, foreign currency, interest rates and inflation."

Nasdaq hits another record high

Us stocks were mixed, on Wednesday, in the stock market in Wall Street.
The Nasdaq ended the day at 5283.93, up 0.2% or 8 points from its previous closing high set Tuesday.
Slightly down were the Dow Jones industrial average and the broad Standard & Poor’s 500, which both lost less than 0.1%.

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