The formation of a new government and the timely adoption of the 2027 budget are positive developments for Romania's credit profile and support the continuation of fiscal consolidation, international rating agency Moody's said on Tuesday, October 20, as quoted by Romania's Ministry of Finance.
Global credit rating agency Moody's Ratings has affirmed the Government of Romania's long-term issuer and senior unsecured ratings at Baa3, the lowest level in the investment-grade category.
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.
Moody's Investors Service (Moody's) on Wednesday (April 6) upgraded the long-term deposit ratings of Alpha Bank Romania S.A. (ABR) to Ba1 from Ba2, and changed the outlook on these to stable from positive.
International rating agency Moody's Investors Service (Moody's) has reconfirmed the Ba1 rating, with a positive outlook, awarded to Romania's national power grid operator Transelectrica (TEL.RO).