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The Constitutional Court decided that the conversion law is unconstitutional.
Georgiana Androne, investment analyst:
"Earlier this year, the banking sector had the weakest evolution of BET. The shares of major banks were kept under pressure by the possibility that the conversion law of the loans in Swiss francs at historical rates could be endorsed by the Constitutional Court - initially scheduled for 18 January, then for 7 February.
For more information, please see the Romanian version of the article, here.
