01.31.2014

Fitch Ratings on Friday affirmed the main ratings of Romania's capital city Bucharest at 'BBB-', with a stable outlook, reflecting a sound budgetary performance but also a large refinancing risk for a more

01.22.2014

Romania's economic growth will likely slow to 2.1% this year, after an increase of some 2.5% in 2013, held back by weaker exports and a sluggish consumption, according to estimates from Coface rating more

11.19.2013

Moody's Investors Service on Monday assigned a Ba1 issuer rating to the Romanian municipality of Alba Iulia, with negative outlook, citing the city’s prudent budgetary management, but also its more

09.13.2013

Fitch Ratings Friday affirmed Romania’s long-term foreign currency default rating at BBB-, with stable outlook, as the country has consolidated its public finances successfully and reduced external more

08.08.2013

Romania's economy is expected to expand by 1% to 1.5% in 2013, according to estimates of Coface rating agency. more

07.18.2013

Moody's Investors Service on Wednesday downgraded the deposit ratings of the two largest banks in Romania, Banca Comerciala Romana and BRD-Groupe Societe Generale (BRD.RO), following the lowering of more

04.18.2013

Fitch Ratings Thursday affirmed Romania’s long-term foreign currency default rating at BBB-, with stable outlook, as a poor growth outlook and structural shortcomings hindered a potential upgrade of more

04.02.2013

Romania should use the current climate of fiscal stability to improve its position in international ratings, which in turn might ameliorate the relationship between banks and investors, Economy more

01.23.2013

Romania's economy is expected to post modest growth of up to 1% in 2013, from around 0.5% a year earlier, held back by even exports and industrial production, according to estimates of Coface rating more

12.21.2012

Fitch Ratings Friday upgraded Romania-based Garanti Bank SA’s long-term issuer default rating to 'BBB-' with stable outlook, from 'BB+', following the upgrade of the bank's ultimate parent last more

09.26.2012

Romania's economy is expected to grow a modest 1% in 2012, after expanding by 2.5% a year earlier, according to estimates of Coface ratings agency. more

06.28.2012

Fitch Ratings Thursday affirmed Romania's long-term foreign and local currency ratings at 'BBB-' and 'BBB’, respectively, citing the country’s fiscal progress and continued reforms against a more

05.25.2012

Standard & Poor's Ratings Services Friday affirmed its 'BB+/B' long- and short-term foreign and local currency sovereign credit ratings on Romania, with stable outlook, citing the country’s improved more

01.16.2012

An increase in euro financing costs and a higher leu/euro exchange rate volatility could be the first effects of rating agency Standard & Poor’s (S&P) decision to downgrade nine euro zone countries. more

08.12.2011

All mother groups of the Romanian top 10 banks have seen their share prices plummet over the past week, with lending institutions being indirectly hurt by the sovereign debt crisis. more

06.28.2011

Ratings agency Moody's Investors Service on Tuesday withdrew the Ba3 rating of telecom operator RCS&RDS “for its own business reasons,” which have nothing to do with the accuracy of the more

06.10.2011

Fitch Ratings on Friday said it has assigned a rating of BB+ to Romania's EUR1.5 billion Eurobond, the first issue of the country's EUR7 billion medium term notes (MTN) program. more

06.08.2011

Standard & Poor’s Wednesday affirmed Romanian sovereign credit ratings at 'BB+/B' for foreign currency and at 'BBB-/A-3' for local currency, saying it expects economic recovery to remain sluggish, more

06.08.2011

Moody’s Investors Service has no plans to change Romania’s credit rating in the next twelve months, the agency's Central Europe director Petr Vins said Wednesday. more

03.25.2011

Romania’s economy is predicted to grow by 1.7% in 2011, mainly due to increasing exports, which will support an improvement in the Eastern European country’s credit ratings, UniCredit said in a more