Will ratification happen?It’s the only question that matters and the answer matters more.
Let’s see why the answer will be no:
1) ESM management has no handle on the Romanian government and political situation
2) PR from October 30 basically stretched reality with investors when they said they we’re going to be meeting with ministers in the “coming weeks”, no meetings, no signatures so far
3) PP at 1.40 was all close funds and friends of F&M, they can as Stan said “win some and lose some”
4) Goverment in chaos and in no mood to approve a foreign investment that could cause them to lose even more support
Feel free to add to the list!