The Bucharest Stock Exchange (BVB) has been promoted by FTSE Russell to the Secondary Emerging market status, from Frontier market status, which means an acknowledgement of the progress made by the market capital in Romania, Finance Minister Teodorovici said Thursday night.
Minister Teodorovici deems that this FTSE Russell decision reflects our country's favourable macroeconomic framework, the trustworthiness the Romanian economy enjoys from investors and the outstanding steps the authorities have made to increase the Bucharest Stock Exchange attractiveness.