Romania Junk Downgrade Warning: Euro Could Surpass 6 Lei, Says Economist

Economist Cristian Păun warns that a downgrade of Romania to 'junk' status could push the euro above 6 lei, causing a sudden exchange rate spike, higher interest rates, capital outflows, and job losses. The warning is speculative and not based on an actual downgrade, but reflects growing investor concerns about Romania's fiscal position.