Romania is currently better positioned than countries such as Italy, Hungary, Bulgaria, Portugal, and Greece in terms of ability to pay external liabilities in the next five years, according to the S&P Capital IQ Sovereign Debt Report Q4 2014 report, cited by local Agerpres.

Romania has a score of 9.8% for the five-year cumulative risk of default entry, which places it better than Italy (10.4%), Hungary (12.2%), Bulgaria (12.8%), Portugal (16.8%) and Greece (62.9%), as of December 31, 2014.

Irina Popescu, irina.popescu@romania-insider.com