S&P revises Romania rating's outlook to negative on rising public finance risks
On January 24, 2025, S&P Global Ratings revised its outlook on Romania to negative from stable while affirming its BBB- long-term foreign and local currency sovereign credit ratings. The step follows a similar one taken by Fitch in…
iulian ernst · Journalist
· Updated · 3 min read
On January 24, 2025, S&P Global Ratings revised its outlook on Romania to negative from stable while affirming its BBB- long-term foreign and local currency sovereign credit ratings. The step follows a similar one taken by Fitch in December.
Finance minister Tanczos Barna assured in response to the rating agency's release that the 2025 budget planning, which will be presented to the government and sent to lawmakers for approval in the coming days, reinforces "this prudent vision" of managing public money.
