Fiscal policy may deter holding Romanian debt
Romania is leading a sell-off in Central-East European debt as the ECB hints at winding down QE
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In this article
- Run on CEE bonds
- ECB role
- Euro-area inflation is subdued
- Fiscal loosening in Romania?
- Arguments for caution
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_350.jpg "ECB President Mario Draghi arrives for a news conference at Bank headquarters in Frankfurt (Reuters/Kai Pfaffenbach)")