Romania fiscal council chief warns of bleak outlook, urges crisis government

Daniel Dăianu, head of Romania's Fiscal Council, says S&P will not downgrade the country despite prolonged political crisis, but warns vulnerabilities have increased. He highlights pressure on the leu and financing costs, and urges a full-powers government to continue fiscal consolidation and prepare the 2027 budget. The statement signals elevated sovereign risk and market sensitivity to Romania's political instability.