Standard & Poor's maintains Romania's rating, but warns about the budget deficit

2026-10-03

The international financial rating agency Standard & Poor's (S&P) announced on Friday evening the reaffirmation of Romania's sovereign rating at 'BBB-'. This decision indicates that our country's economy remains at the lower limit of the investment-grade category, providing necessary stability in international financial markets.

However, the agency decided to maintain a negative outlook on the Romanian economy. This mention suggests that there are persistent risks related to the state's budgetary situation, which could unfavorably influence investor confidence in the medium term if corrective measures are not taken.

Experts from Standard & Poor's emphasized that their decision is based on the expectation that the authorities in Bucharest will present a credible fiscal plan for the 2027-2028 period. This plan is considered essential for reducing the budget deficit and ensuring sustainable economic growth in the years to come.

Maintaining this rating is an important signal for Romania, given the current European economic context. A potential downgrade of the rating could have led to higher borrowing costs for the Romanian state, which would have put additional pressure on the public budget.

In conclusion, Romania's economy remains in a zone of stability, but the authorities must carefully manage public spending. The coming months will be decisive for shaping the fiscal strategy that meets the requirements of rating agencies and ensures the country's financial balance.