Moody’s sees significant risk of snap elections in Romania, no 2027 budget by year-end
World1 source1 country🔦 Under-reported51m ago
Rating agency Moody’s has warned of a significant risk of snap elections in Romania, alongside an increasing unlikelihood that sufficient political support can be secured to adopt the 2027 budget before the end of the year.
The warnings follow a deepening of Romania's political deadlock on September 30, when the country's Parliament failed to approve a new government.