BBB-: the Three Letters Between Romania and the Most Expensive Money. What Can Be the S&P Decision for Your Pocket - HotNews.ro
10 Articles
10 Articles
Friday, Romania gets a note again. Not to mathematics, not to economy, nor to "how smart leaders we have." It's a note for something much more precise: how much confidence a creditor can have that the Romanian state respects its promises and will pay its debts. S&P Global Ratings will publish a new assessment of...
Analysts from Erste Group warn that Romania faces a significant risk of downgrading the country's rating, even if the basic scenario indicates a temporary maintenance of the current rating at the S&P Agency's assessment on Friday, October 2. Financial institution economists point out that the rating agency will most likely wait to see the budget structure for next year and the outcome of the political deadlock in Bucharest before making a radica…
Analysts from Erste Group anticipate, in a document published on Monday, that Romania will not be demoted by S&P, but "the risk of demotion is significant."The analysis published by Erste speaks...
Adrian Negrescu points out that Romania is entering a critical week for public finances, under the conditions that Parliament is to vote for the new government, and on Friday the S&P assessment on Romania's sovereign rating is expected.
A possible downgrading does not mean that credit rates automatically increase on October 3rd, banks change deposits interest or people's savings lose money
Our basic scenario is to maintain the rating, but the risk of downgrading is significant. We believe that S&P will probably wait to see how the draft budget bill for 2027 will look and how the political situation will evolve, says an Erste Bank report that talks about the evolution of the economies of Eastern Europe.
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