President Nicusor Dan reaffirmed on Monday Romania’s seriousness towards foreign investors and financial markets, after the Fitch Rating Agency confirmed at the end of last week our country’s BBB minus rating with a negative outlook.

„Good news. The Fitch rating agency confirmed Romania’s BBB- rating with a negative outlook on Friday. I recall that the Standard and Poor’s rating agency also confirmed Romania’s BBB- rating with a negative outlook on July 24. I reaffirm Romania’s seriousness towards foreign investors and financial markets. The 2026 budget and the fulfillment, one by one, of the objectives assumed for OECD accession at the end of 2026 will strengthen confidence in Romania,” wrote President Nicuşor Dan on his Facebook page.

In a press release, Fitch announced that it maintained Romania’s sovereign rating at „BBB minus”, with a negative outlook.

Romania’s „BBB minus” rating is supported by EU membership and is associated with capital inflows that support income convergence and external finances. GDP per capita and governance are above those of other „BBB” rated countries. This solidity is weighed down by the twin, large and persistent budget and current account deficits, the rapid growth of public debt, political polarization and the rather high net external debt, the press release said.

The negative outlook reflects the significant deterioration in Romania’s public finances, as evidenced by the high fiscal deficit and the rapidly increasing government debt-to-GDP ratio. Political uncertainties have eased, and the new government has introduced an ambitious fiscal consolidation package. However, significant risks to fiscal consolidation over the medium term arise from weak economic growth, implementation difficulties, fiscal exhaustion and high political polarization, Fitch Ratings warned.

AGERPRES