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Graffiti in Bucharest: Politicians are portrayed as corrupt, greedy and incompetent. (Photo: Valentina Pop)

Political battles 'taking a toll' on Romanian economy

Political infighting risks wrecking urgently needed reform of the Romanian economy, according to a progress report released on Tuesday (14 August) by the European Commission, the International Monetary Fund (IMF) and the World Bank.

While maintaining that the country's economic reforms were "broadly on track," the trio expressed concerns about the impact of the drawn-out political crisis on the Romanian economy.

"The recent political turmoil is taking a toll on the economy and ha...

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

Graffiti in Bucharest: Politicians are portrayed as corrupt, greedy and incompetent. (Photo: Valentina Pop)

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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