Romania has narrowly avoided a downgrade to “junk” status after S&P Global Ratings reaffirmed the country’s investment-grade rating at ‘BBB-‘, while maintaining a “negative outlook.”...
Romania has crossed a significant financial threshold, with public debt now exceeding EUR 200 billion, and fiscal sustainability has become an urgent national concern. The...
On Monday, the Bolojan Government formally assumed responsibility in Parliament for a comprehensive fiscal package aimed at reducing Romania’s budget deficit. The package, approved during...
Romania’s government, led by Prime Minister Ilie Bolojan, has announced a comprehensive and brutal austerity package aimed at addressing the country’s record-high budget deficit. The...
Just one week into his new term, Romania’s Finance Minister, Alexandru Nazare, delivers a blunt reality check on the country’s fiscal health and urges a...
Setting up a company in Dubai offers incredible opportunities: full foreign ownership, zero tax zones, and access to global markets. This step-by-step guide explains exactly...
Romania has emerged as the European Union member state with the highest budget deficit in 2024, according to the latest data released by the European...
Moody’s Investors Service has revised Romania’s credit rating outlook from stable to negative, while affirming the Baa3 rating, the lowest investment-grade level. This decision reflects mounting concerns over Romania’s fiscal...
S&P Global Ratings has officially downgraded Romania’s credit outlook from stable to negative, citing escalating risks associated with the country’s public finances and ongoing political...