Iohannis: Dowgrading outlook of country rating, because of poorly made budget by previous gov't
Publicat:The downgrading of the outlook of Romania's rating by Standard & Poor's was made because of the budget slippage that appeared, motivated by the excessive spending and the poor budget made by the previous government, President Klaus Iohannis said on Thursday. "I do not expect a very big impact. Yes, we have to see where this downgrading comes from and it is sufficient to read the Standard & Poor's communication which clearly states that this downgrading was due to the budget slippage that appeared, motivated by the excessive spending. And the poor budget made by the previous government,…
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