Romania

QE unwinding is sparking bond outflows from Central Europe but higher-yielding debt markets may suffer more

Social Democrats will try for third premier in a year as president warns against consequences of intra-party chaos

Hungary’s monetary policy will continue to diverge from other regional central banks in the short-to-medium term

Commission is more upbeat in Bulgaria’s judicial report than Romania’s, which pointedly urges adhering to past successes

PSD leader who has survived previous investigations may find EU-based investigation harder to turn aside

An illiberal ruling coalition intent on diluting EU influence is locked in combat with modernising elements

A cabinet that looked unqualified when it first took office in January risks testing working-class loyalty

Failure to address fundamental problems underlying uncollected VAT will frustrate reforms