Fitch worsens Romania's rating from stable to negative
Monday, December 23, 2024
Fitch Ratings has established Romania's long-term foreign currency rating at "BBB minus," but has worsened the outlook from stable to negative, which means that a new downgrade is possible, according to a press release of the financial rating agency.The next review by Fitch for Romania's rating was scheduled for February 2025, but the agency believes that recent developments in the country justify such a deviation from the calendar.The outlook revision reflects ...