Romania’s economy is poised for a boost from the election of a pro-European president, outweighing risks from fiscal imbalances and US President Donald Trump’s tariff war, according to the head of the country’s biggest bank.
“A wave of optimism” has followed the recent elections, Banca Transilvania Chief Executive Officer Omer Tetik told Bloomberg. “The outcome has been positively received by the investment community, and this sentiment has already begun to reflect in investor behavior.”
That outlook is key for BT, which is a proxy for investors on the wider economy and which has doubled its market capitalization in …