Romania Starts Talks with the S&P Agency on Thursday. What Risks the Country if It Is Downgraded to the "Junk" Category, Unrecommended for Investments
44 Articles
44 Articles
All 3 rating agencies are satisfied by the measures taken so far by the Government, by the correction of the budget deficit, but it is important that this direction be maintained and by an Executive with full powers. Romania needs it as soon as possible. There are the opinions at the union of specialists who have discussed today with representatives ...
Alexandru Nazare says that Romania has presented the results of fiscal consolidation and warns that maintaining the investment rating depends on the continuity of budgetary measures.
Romania begins, on Thursday, discussions with representatives of the S&P rating agency, which on October 2 will announce the decision on the sovereign rating of the country. The Fitch and Moodys agencies kept Romania in the recommended category of investments, Article Alexandru Nazare, before the discussions with the S&P agency: "We have serious arguments for maintaining the rating . . appears first on Romania TV.
Romania begins on Thursday, September 24, talks with S&P representatives, before the October 2 verdict on the sovereign rating. After Fitch and Moodys kept the country in the recommended investment category, S&P is the last test: a step backwards, from the current BBB-/A-3 with a negative outlook, would send Romania to "junk," which may restrict the access of investors and expensive loans. The evaluation takes place in full political crisis, and…
On Friday, several Social-Democrat MPs had a meeting with representatives of the International Financial Agency Standard & Poor's, which they informed them that PSD is ready to assume governance of the country "and a fiscal consolidation policy based on stimulating investment and improving tax collection".
In full negotiations for the vote on the Muresan Government, the Social Democrats ensure, on the left and on the right, that they and only they are prepared to take over the government. Today, the latest information on this issue was representatives of the International Financial Agency Standard & Poor's, through the voice of social-democratic deputies. PSD today transmitted a press release, quoted [...] The post PSD says to anyone who wants to …
Coverage Details
Bias Distribution
- 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
