Revolving Romanian Governments Spook Investors as Cash Flees

Revolving Romanian Governments Spook Investors as Cash Flees

Aga Luczakowska/Bloomberg

The country of about 19 million, the second largest in the EU’s east, has slipped to 72nd of 183 nations in the World Bank’s 2012 Ease of Doing Business survey, below neighboring Bulgaria and Hungary.