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Romania Can Shine as Haven From Regional Politics, Minister Says

  • Finance minister sees `balanced, sustainable' growth as a lure
  • Budget gap to stay within EU limits, may outperform forecast
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Romania’s finance chief sees an opening for her nation to become eastern Europe’s go-to investment destination as nerves jangle over government policies in Poland, until recently the region’s top performer.

The second-poorest European Union member has been underestimated by investors and eclipsed by its neighbors for too long, said Finance Minister Anca Dragu, citing a calmer political backdrop and an economic expansion that’s set to surge more than 4 percent this year. Standard & Poor’s cut Poland’s credit rating on Jan. 15 on concern the new government is undermining the independence of institutions such as courts and media.