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Moody's changes Romania's outlook to negative from stable; affirms Baa3 rating

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Moody's rating agency has changed Romania's outlook to negative from stable and affirmed the Baa3 rating for long and short-term debt in forex and local currency, the (MFP) announced in a press release sent to AGERPRES on Saturday.

According to the quoted source, the agency's decision to affirm the country rating is based on Romania's solid economic growth potential, even in the context of the SARS-CoV-2 pandemic, as well as the moderate institutional capacity of the Romanian state. The agency estimates that Romania has a larger economy and a faster growth than…

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