Fitch maintains Romania's rating at "BBB minus" with a negative outlook

The financial evaluation agency Fitch has maintained Romania's sovereign rating at "BBB minus", with a negative outlook, emphasizing that this rating is supported by membership in the European Union and capital inflows. However, the twin budget and current account deficits, as well as the rising public debt, represent weaknesses. The negative outlook reflects the continued deterioration of public finances, although the government has begun implementing fiscal consolidation measures. Fitch estimates that government debt will rise to nearly 59% of GDP by the end of 2025, and the ESA budget deficit was close to 8% of GDP. High inflation and persistent deficits are factors affecting the rating. However, European funds and investment stimulus measures could help alleviate financial pressures. Fitch warns that the lack of implementation of fiscal consolidation measures and political tensions could lead to a negative rating action, while progress in fiscal consolidation could improve the rating outlook.