ROMANIA
President K. Iohannis steps down amid turmoil over annulled Presidential election
Political uncertainty has weighed on sentiment, jeopardizing economic momentum
Political stability is key condition for much-needed fiscal consolidation to resume
BULGARIA
Successive shocks and political uncertainty have shifted fiscal policy to a much more expansionary stance
The budget deficit is set to hover around the EU threshold of 3.0% of GDP in 2025-26; Public debt should remain on an upward trend
Bulgaria requested the EC and the ECB to prepare extraordinary convergence reports, paving the way for Euro adoption
ALBANIA
Incumbent PM E. Rama is expected to serve a 4th term after the upcoming May 11th Parliamentary election
Further progress with EU accession remains key priority for the Government as it would help accelerate the pace of economic convergence with the bloc
APPENDIX:
DETAILED MACROECONOMIC DATA
REGIONAL SNAPSHOT:
MACROECONOMIC INDICATORS
FINANCIAL MARKETS
Countries in Focus in this Issue: Romania, Bulgaria & Albania
Αναδυόμενες Αγορές Νοτιοανατολικής Ευρώπης & Μεσογείου: Δισεβδομαδιαία Επισκόπηση 18 Φεβρουαρίου - 3 Μαρτίου 2025