Fitch maintained Romania's coveted investment-grade credit status on Friday, leaving its rating at "BBB-" with a "negative" outlook due to ongoing pressures on the country's finances.

Fitch maintained Romania's investment-grade credit status on Friday, keeping its "BBB-" rating after the new government pushed through steps to ease its budget deficit, but the outlook remained ...

Fitch said it revised up its general government deficit forecast for Romania to 7.5% of economic output next year and to 6.8% in 2026.

On Friday after the market closes, Fitch will announce the rating decision on Romania. Fitch changed the outlook of Romania to negative in December in an unscheduled review.

Fitch expects Romania's general government deficit to widen to 8.2% of GDP in 2024, up from its August estimate of 7.2%. This is higher than the government's previous target of 5% and the 6.5% ...

Fitch expects that Romania's general government deficit will increase to 8.2% of GDP in 2024, above our August review forecast of 7.2%, the government's earlier target.

(The following statement was released by the rating agency)LONDON, March 07 (Fitch) Fitch Ratings has affirmed Romania&aposs Long-term foreign currency Issuer Default Rating (IDR) at &aposBBB-&apos ...

Fitch estimates Romania's economy to grow 2.5% in 2024, after expanding 2.1% in 2023. "Headline inflation (national CPI measure) has been close to 5% in recent months, compared with double digits ...

Fitch argues its upgrade decision by the stabilization of Romania's public debt/GDP in 2021-2022 and the implementation of policies aimed at ensuring a gradual fiscal consolidation, noting also that ...

Fitch expects Romania's GDP to grow by 1.3% in 2012, which will be driven by domestic demand. In particular, increased EU funds absorption will boost public infrastructure investment.