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Focus Romania- Improving macro fundamentals offer support against EM turmoil & domestic political scene upheaval

•Elevated political stress and growing political uncertainty could undermine government efficiency and push back crucial structural reforms
•The future of the precautionary agreement with IMF is uncertain as the disagreement between the President Basescu and the Prime Minister Ponta intensifies
•Output is expected to decelerate to 2.5% in 2014 on negative base effects from agriculture and car manufacturing...