Fitch Cuts Bucharest, Oradea Ratings, After Romania’s Sovereign Cut
14:53, 10 Nov. 2008
Fitch Ratings has downgraded the Long-term foreign currency ratings of the Romanian cities of Bucharest and Oradea to 'BB+' from 'BBB-' (BBB minus) and revised both cities' outlooks to negative from stable, the ratings agency announced Monday.