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Thursday 18th of April 2024, 09:43 CET |
| Romania's financial ratings upgraded |
September 18, 2003
RFE/RL South Eastern Europe
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Posted by HW on April 18, 2024
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From BB- to BB
The international rating agency Standards & Poor's on 17 September raised Romania's long-term foreign-currency risk rating from BB- to BB, Mediafax reported. Short-term ratings for foreign currency and local currency remained at B.
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Growth and modernization
The agency said the upgrade reflects the stronger competitiveness of the economy and ongoing restructuring and modernization, combined with "continued robust growth driven by exports and investment." |
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