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Fitch Affirms Romanian City of Oradea at 'BBB-'; Outlook Negative

 Fitch Ratings has affirmed this Friday the Romanian City of Oradea's (Oradea) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'BBB-' with Negative Outlooks. The Negative Outlook reflects that of Romania (BBB-/Negative/F3).   The rating affirmation reflects Fitch's expectations that the city's performance in 2021 will remain robust and resilient to the economic downturn driven ...

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