PSD tells S&P it is ready to take over government and implement fiscal consolidation measures

PSD announced on Friday, during a meeting with representatives of rating agency Standard & Poor’s, that it is ready to take charge of the government to end the political crisis and put Romania’s economy back on a stable path. The discussions took place as preparations are under way for the decision on Romania’s sovereign rating, expected on October 2, 2026.

The Social Democrats said they would support a policy of fiscal consolidation and increased budget revenues by stimulating investment, developing strategic partnerships and improving tax collection. PSD considers it necessary to quickly form a government with full powers to manage macroeconomic balances and draft next year’s budget.

The party also announced that the future government should reduce social disparities, support disadvantaged groups and Romanian capital, and provide predictability for investors and lending institutions. PSD informed S&P that it had proposed to all democratic forces the formation of a parliamentary majority based on national economic priorities and reaffirmed its support for European and Euro-Atlantic values.

The delegation included Marian Neacșu, Bogdan Ivan, Alexandru Rogobete, Adrian Câciu, Florin Manole and Mihnea Costoiu.