Romania likely to keep current sovereign rating in upcoming S&P review

Sources close to the government indicate that S&P Global Ratings will maintain Romania’s sovereign rating at BBB-/A-3 in its upcoming review, preserving the country’s investment-grade status. The agency is set to issue a detailed commentary covering fiscal deficits, external balances, political stability and the authorities’ capacity to reduce the budget shortfall. While the rating stays unchanged, S&P’s outlook remains negative, citing high implementation risks for public-finance consolidation.

The review will also stress the critical role of timely EU fund absorption in supporting growth and financing needs. Overall, the agency signals continued credit support but warns that tolerance for fiscal or political missteps is narrowing.