Nicușor Dan welcomes S&P’s decision to maintain Romania’s rating / “This is not a time for complacency”

The Standard & Poor’s agency has maintained Romania’s sovereign rating at BBB-, with a negative outlook, a decision welcomed by President Nicușor Dan and Prime Minister Ilie Bolojan. Romania thus remains in the “investment grade” category, but at the last step before being downgraded to the “junk” category.

Nicușor Dan stated that the decision confirms that Romania is a reliable partner for investment and that the economy is showing signs of stability. The president attributed the result to society as a whole and to fiscal discipline policies, warning that economic stability and development must remain priorities, beyond political stakes.

Prime Minister Ilie Bolojan argued that honoring commitments and maintaining the economic direction contributed to the agency’s decision. He warned that prolonging the political deadlock could affect financiers’ confidence and could squander the efforts made so far.

S&P noted that a government with limited powers had maintained the fiscal trajectory and a public investment budget of 8.5% of GDP, as well as high rates of absorption of PNRR funds. The agency could downgrade Romania if the formation of the government prevents the deficit from being reduced in 2027 and 2028. The outlook could become stable if budgetary and external deficits decrease.