Fitch maintains Romania's rating at BBB-. The country avoids downgrade to 'junk' status.

The Fitch rating agency has reconfirmed Romania's sovereign rating at BBB-, with a negative outlook, keeping the country in the category of recommended investment states. The assessment is supported by membership in the European Union, access to external financing, the level of GDP, and governance indicators.

At the same time, Fitch estimates a budget deficit of 5.9% of GDP for 2026, below the 6% target assumed by the Government, against the backdrop of rising revenues and spending control.

The negative outlook reflects, however, the risks associated with the still high deficit, rising public debt, current account imbalance, and political uncertainty.

The Minister of Finance, Alexandru Nazare, states that maintaining the rating is an important result, but emphasizes that political stability, the continuation of reforms, and adherence to the fiscal-budgetary trajectory remain essential for reducing financing costs and for returning the outlook from negative to stable.