JCR agency reconfirms Romania's BBB/BBB+ rating
Publicat:The JCR Japan Credit Rating Agency reconfirmed Romania's foreign currency long-term issuer rating at BBB and local currency long-term issuer rating at BBB+ with a stable outlook, according to a release of the Public Finance Ministry (MFP).
According to the document, Romania's relatively stable economic situation and the low level of public debt are the main factors which contribute to the country rating confirmation. The Agency expects the growth rate to further slow down to the 3 percent level in 2019 and 2020 amid a weaker economic growth in the EU, Romania's main trading partner, although…
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