Standard & Poor's Affirms Romania 'BBB-/A-3' Ratings, Outlook Negative

Standard & Poor's Affirms Romania 'BBB-/A-3' Ratings, Outlook Negative

yesterday, 12:37

Standard & Poor’s (S&P) Global Ratings on October 2 affirmed its 'BBB-/A-3' long- and short-term foreign and local currency sovereign credit ratings on Romania, as the outlook remains negative.

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Analysis

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Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.

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