Rating agencies consider new Romanian pension law as negative on credit

  The new pension law increases fiscal risks and lays new pressures on Romania's country risk, which is now “-BBB”, the last rating in the investment grade category, with stable perspective, analysts from Moody's Investors Service and Fitch Ratings declared for Bloomberg.   The law, approved on Monday night by Bucharest Parliament, needs to be promulgated by president Klaus Iohannis, includes two pension increases next year and ...

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