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Erste expects rating agencies to defer Romania decisions until after 2027 budget plan
Credit rating agencies are likely to postpone any major decisions on Romania's sovereign rating until the country's 2027 budget has been prepared, according to analysts at Austria's Erste Group, who believe recent fiscal developments…
iulian ernst · Journalist
· Updated · 2 min read
Credit rating agencies are likely to postpone any major decisions on Romania's sovereign rating until the country's 2027 budget has been prepared, according to analysts at Austria's Erste Group, who believe recent fiscal developments should help the country retain its investment-grade status for now.
"We believe that the favourable budget execution so far this year will be sufficient to preserve Romania's investment-grade status for the moment," the report said.
