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S&P affirms Romania's rating with stable outlook

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S&P affirms Romania's rating with stable outlook

S&P rating agency, on October 13, 2023, affirmed Romania's rating at BBB-/A3 for long-term and short-term government debt in foreign currency, as well as a stable outlook, the Ministry of Finance (MF) said on Saturday.

According to MF, the decision to reconfirm the sovereign rating and maintain the stable outlook is supported, in the agency's opinion, by the low level of external and government debt and the solid growth prospects.

However, S&P expects Romania's commitments under the EU's Recovery and

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