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Moody's sees Romania's institutions dampening its strong economic growth potential

Romania's Baa3 ratings reflect the economy's strong growth potential, supported by large European Union (EU) funds and foreign direct investment (FDI) inflows, balanced by relatively weaker institutions and governance strength and high fiscal and current account deficits – although the latter is mainly funded by stable sources – international rating agency Moody's argues in its periodic review of ratings of Romania. [....]