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The Minister of Finance, Alexandru Nazare, stated that the reaffirmation of the rating by Fitch Ratings reflects the confidence of external partners in the Government's ability to manage Romania's economic stability. The Government has taken on a record deficit and implemented measures to reduce it, stabilizing public debt. Among the fiscal consolidation measures are the increase of VAT from August 2025 and the tightening of public spending in 2026, estimating a reduction of the ESA deficit by almost two percentage points.
The Fitch report highlights the improvement in financing conditions, with decreasing borrowing costs and a solid appetite from investors. Additionally, access to European resources, including grants from the PNRR, contributes to stability. Fitch's forecasts indicate economic growth below the potential of 2% until 2027, and maintaining the investment grade rating is essential for attracting investors.
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