The European Commission issued a positive preliminary assessment of Romania's fourth payment request for EUR2.62 billion under the Recovery and Resilience Facility (RRF) on Thursday.
Fitch has upgraded the long-term issuer default rating of Romania’s CEC Bank from ‘BB’ to ‘BB+’, with a stable outlook. It also assigned long- and short-term deposit ratings at 'BBB-' and 'F3' to CEC.