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

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

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

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 ...

Bulgaria took out the rest of its international bond market funding with the €3.2bn dual trancher. It was the second most ...

Centrist President Nicusor Dan on Friday nominated Liberal Party leader Ilie Bolojan to be Romania's prime minister, clearing the way for the formation of a government after weeks of stalemate ...

Inflation rate in June landed at 4.3% y/y in Slovakia, at 4.1% y/y in Poland and at 3.7% y/y in Croatia. Wage growth in Hungary was released at 7.8% y/y in May. Producer prices in industry declined by ...

Romanian power supplier and distributor Electrica said that it plans to list an inaugural green bond issue, worth 500 million ...

Romania has launched a bold fiscal overhaul to fix its record deficit by raising taxes and curbing spending. The short-term hit to growth and inflation will be significant, but the plan could also ...

Here are hospitals and health systems that received credit rating downgrades from Fitch Ratings or Moody's Investors Service in 2025: ...

Today 1 July 2025, Fitch announced a one notch downgrade of Statkraft AS following weakening performance and financial metrics. The long-term issuer default rating and senior unsecured rating were ...