Fitch Affirms Romanian City of Bucharest at 'BBB-'; Outlook Stable

Fitch Ratings has affirmed the Romanian City of Bucharest's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'BBB-' with Stable Outlooks.   The affirmation reflects Fitch's unchanged view that the city's operating performance and debt ratios will remain in line with peers', with 'aa' debt sustainability over the medium term. This is despite pressures on its budget stemming from still high inflation ...

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