Fitch Ratings said that there are implementation risks to Romania's fiscal consolidation plan, which will weigh on the country's economic growth.

A new fiscal consolidation package focusing on tax hikes and spending cuts aims to bring the deficit under control ...

Political risks have eased in Romania since the previous government introduced a consolidation package in late 2024 amid ...

The political uncertainty pushed Romania’s budget deficit above 9% of economic output last year, raising concerns about a potential downgrade to below investment grade. Financial markets stabilized in ...

The trade comes five days after S&P and Fitch upgraded Bulgaria to BBB+ from BBB on July 10, handing stable outlooks to the ...

The implementation of tax hikes and other measures to lower Romania's deficit, the EU's largest, depends on the stability of ...

Fitch Ratings said that it has lifted United Bulgarian Bank’s (UBB) long-term issuer default rating (IDR) to 'A' from 'A-' ...

Global ratings agency Fitch on Thursday upgraded Bulgaria's long-term foreign-currency issuer default rating to 'BBB+' from ...

The banker said Romania paid no new issue premiums on the new five-year dollar or the euro tap, and 5bp on the 11-year dollar ...

Romania’s government is rushing to approve a sweeping fiscal austerity package, provoking a potential no-confidence motion by ...

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Greenville, S.C.-based Prisma Health’s credit rating was upgraded to “A” from “A-” by Fitch. The upgrade is supported by Prisma’s two-year operating performance improvement and its ...