Romania - less vulnerable to shocks coming from the eurozone, S&P report shows

Romania has a moderately low vulnerability to potential shocks coming from the eurozone, compared to other countries in emerging Europe, shows an index of the rating agency Standard&Poor's (S&P). A total of 19 countries were assessed in five categories, on the vulnerability to possible capital inflow trouble in the eurozone. Romania’s most important risk is the relatively high external debt

According to S&P, Turkey and Hungary are the most vulnerable states, followed by Bosnia-Hertegovina and Latvia in the second category. Poland, Georgia, Montenegro, Lithuania, Serbia and Belarus are in the group with average vulnerability, while Romania, Ukaine, Albania, Croatia, Bulgaria and Macedonia, Russia, Kazakstan and Azerbaidjan are included in the category with moderately low vulnerability to potential shocks coming from the eurozone. Romania is evaluated by the S&P with the BB+ rating, with stable outlook. Irina Popescu, irina.popescu@romania-insider.com (photo source: Photoxpress)