American investors are more concerned about the political crisis in Bucharest than about Romania’s financial situation, says President Nicușor Dan. Representatives of major financial institutions even asked when the country will have a government with full powers.
The discussions took place in New York, during a meeting organized by J.P. Morgan, attended by representatives of companies, banks, and investment funds that buy bonds issued by Romania.
"Of course, questions were asked about the political situation, the financial situation. I answered those related to the political situation. Minister Nazare (Finance Minister - ed.) and Mr. Burnete (presidential economic advisor - ed.) answered those related to financial matters," Nicușor Dan reported.
The President maintains that investors' concerns primarily focused on political instability, given that Romania does not yet have a government with full powers. "The concerns were greater on the political side, because in terms of all financial indicators, we are doing very well compared to where we started," stated the head of state.
What he said about political "squabbles"
Nicușor Dan conveyed to investors that, beyond the conflicts between parties, there is the capacity to reach agreements when important decisions for Romania need to be made. "I told them that, beyond these squabbles, on important issues, as it was in the summer, July-August, regarding the PNRR, there is a lot of reasonableness in the political sphere," stated the President.
Investors also directly asked when a new government will be installed in Bucharest. "They asked me and I gave them some estimates," Nicușor Dan replied, without specifying the timeframe he indicated.
The discussion took place while the designated Prime Minister, Siegfried Mureșan, is trying to gather the 233 votes necessary for the investiture of the Government. PSD and AUR have announced that they will not support him, and UDMR is expected to decide whether to vote for the new Executive.