Romania has concluded its 13 billion euro foreign debt issuance target for this year but does not rule out further issues to switch eurobonds maturing next year, the head of the debt agency, Stefan ...

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

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-' ...

Romanian Prime Minister Ilie Bolojan's three-week old coalition government survived a no confidence vote on Monday, allowing it to push through unpopular tax hikes needed to lower the European Union's ...