S&P sees political instability as complicating Romania's fiscal consolidation beyond 2026
The fall of the coalition government led by Ilie Bolojan could complicate discussions on reducing the budget deficit for next year, warned the financial rating agency S&P on May 6. It is the first of the three major rating agencies to send…
iulian ernst · Journalist
· Updated · 2 min read
The fall of the coalition government led by Ilie Bolojan could complicate discussions on reducing the budget deficit for next year, warned the financial rating agency S&P on May 6. It is the first of the three major rating agencies to send a message after the government was dismissed through a no-confidence motion in Parliament – but the first agencies to review Romania’s rating are Fitch (July 31) and Moody’s (August 7).
S&P will review Romania’s sovereign rating only in October – unless an ad-hoc update becomes necessary following outstanding developments.
