Rating agency S&P has worsened Romania's rating outlook from stable to negative
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9 Articles
Rating agency S&P has worsened Romania's rating outlook from stable to negative
The financial rating agency S&P has worsened the outlook of Romania's rating from stable to negative and confirmed the rating at "BBB-", the last step in the category recommended to investors, in an assessment at the beginning of the year, established additionally to the two analyses considered usual during a year for sovereign issuers, in spring and autumn, reports Profit.ro. The Minister of Finance, Tanczos Barna, stated that S&P thus gave a c…
Romania's downgrading to the non-investment category also brings the worst scenario: "We will all borrow"
Worrying signals regarding Romania's economy are coming in again. Rating agency Standard and Poor's has revised Romania's outlook from stable to negative, after Fitch, another world-renowned agency, did the same last month.
S&P agency has worsened the outlook of Romania's rating from stable to negative. Clarifications from the Minister of Finance
The financial rating agency S&P has worsened the outlook of Romania's rating from stable to negative and confirmed the rating at "BBB-". Finance Minister Tanczos Barna stated that the agency is not changing the country rating, and Romania is still recommended to investors.
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