Rating agencies circle as Romania moves towards coalition government

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Rating agencies circle as Romania moves towards coalition government

Tyler Davies
December 14, 2020 12:45 PM
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(201206) -- BUCHAREST, Dec. 6, 2020 (Xinhua) -- A woman wearing a face mask casts her ballot at a polling station in Bucharest, Romania, Dec. 6, 2020. Under special protection measures, over 18 million Romanians are expected to cast their ballots on Sunday to elect a new bicameral parliament for the next four years. (Photo by Gabriel Petrescu/Xinhua) | unreguser/Xinhua News Agency/PA Images

Romania will need to make progress towards fiscal consolidation once a new government is formed, according to rating agencies, as it is now dangerously close to slipping into speculative grade territory.

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Central and Eastern Europe (CEE)CEE BondsRomaniaEuropeEmerging MarketsEMEACEE
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Tyler Davies
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