Moody's Ratings said it has affirmed Romania's long-term issuer and senior unsecured ratings at 'Baa3' with a 'negative' outlook, as the country avoided a downgrade to junk status thanks to recent fiscal consolidation measures.
Romania's industrial production decreased by 1.3% in January-July 2025 in unadjusted data compared with the same period of 2024 and was down 0.7% when adjusted for the number of working days and seasonality, data from the country's statistical office INS showed on Monday (Sept 15).