Fitch maintained Romania's investment-grade credit status on Friday, keeping its "BBB-" rating after the new government pushed through steps to ease its budget deficit, but the outlook remained ...

Fitch maintained Romania's coveted investment-grade credit status on Friday, leaving its rating at "BBB-" with a "negative" outlook due to ongoing pressures on the country's finances.

Fitch argues its upgrade decision by the stabilization of Romania's public debt/GDP in 2021-2022 and the implementation of policies aimed at ensuring a gradual fiscal consolidation, noting also that ...

Fitch expects Romania's general government deficit to widen to 8.2% of GDP in 2024, up from its August estimate of 7.2%. This is higher than the government's previous target of 5% and the 6.5% ...

Fitch estimates Romania's economy to grow 2.5% in 2024, after expanding 2.1% in 2023. "Headline inflation (national CPI measure) has been close to 5% in recent months, compared with double digits ...

Fitch said it revised up its general government deficit forecast for Romania to 7.5% of economic output next year and to 6.8% in 2026.

The country’s sovereign rating was raised one step to BBB-, the lowest investment grade, with a stable outlook, Fitch said today in a statement from London. Moody’s Investors Service also ...

Fitch expects that Romania's general government deficit will increase to 8.2% of GDP in 2024, above our August review forecast of 7.2%, the government's earlier target.

Fitch forecasts Romania's economy to grow by 2.5 percent in 2024, up from a 2.1 percent expansion in 2023.

(The following statement was released by the rating agency)LONDON, March 07 (Fitch) Fitch Ratings has affirmed Romania&aposs Long-term foreign currency Issuer Default Rating (IDR) at &aposBBB-&apos ...

On Friday after the market closes, Fitch will announce the rating decision on Romania. Fitch changed the outlook of Romania to negative in December in an unscheduled review.

Fitch’s move comes after a Standard & Poor’s downgrade two weeks ago turned Romania into the only European Union member state with a non-investment grade credit rating.