rating agencies

Bolojan: Three factors will influence rating agencies’ decisions regarding Romania

Acting Prime Minister Ilie Bolojan stated on Friday that the ratings issued by rating agencies, which influence the cost of Romania’s borrowing, depend on budget execution, political stability, and the continuation of reforms.

Romanian Ctrl Bk Gov Says Rating Agencies Were Right

International rating agencies pointed out accurately Romania’s problems, as the country’s image was “very bad”, with a high external deficit and domestic debates on 50% salary hikes, central bank governor Mugur Isarescu said Thursday.