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FITCH

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Banks-Insurance

Fitch Affirms Oradea City At BBB-, Cites Good Economic Performance

Fitch Ratings Thursday affirmed its long-term foreign and local currency ratings on Romanian central city of Oradea at ‘BBB-’, with stable outlook, citing positive economic developments and...

Florentina Dragu · 05.07.2012 · 23:22 · 1 min
Banks-Insurance

Fitch Affirms Brasov City At ‘BBB-’; Outlook Stable

Fitch Ratings Thursday affirmed at ‘BBB-’ its long-term foreign and local currency ratings on Romanian central city of Brasov, with stable outlook, citing steady budgetary performance and co...

Florentina Dragu · 05.07.2012 · 18:05 · 1 min
Fitch Affirms Romania At BBB-; Outlook Stable
Macroeconomics

Fitch Affirms Romania At BBB-; Outlook Stable

Fitch Ratings Thursday affirmed Romania's long-term foreign and local currency ratings at 'BBB-' and 'BBB’, respectively, citing the country’s fiscal progress and continued reforms against a...

Florentina Dragu · 28.06.2012 · 18:45 · 2 min
Fitch Downgrades Banca Romaneasca To 'B-' With Negative Outlook
Banks-Insurance

Fitch Downgrades Banca Romaneasca To 'B-' With Negative Outlook

Fitch Ratings on Monday downgraded Romanian lender Banca Romaneasca's (BROM.RO) long-term issuer default rating to "B-," with negative outlook, because of the bank's dependence on its parent...

Radu Bostan · 11.06.2012 · 19:51 · 2 min
Fitch Ups Outlook On Rompetrol's 'B+' Rating To Stable
Energy

Fitch Ups Outlook On Rompetrol's 'B+' Rating To Stable

Fitch Ratings on Friday revised the outlook on Netherlands-based The Rompetrol Group N.V. (TRG) to stable from negative while affirming its long-term foreign currency issuer default rating a...

Bogdan Neagu · 18.05.2012 · 18:51 · 2 min
Fitch Sees Romania GDP Growth At 1.6% In 2012, Mirroring CEE Performance
Macroeconomics

Fitch Sees Romania GDP Growth At 1.6% In 2012, Mirroring CEE Performance

Romania's economic growth is likely to slow down to 1.6% in 2012, from 2.5% a year earlier, in line with the general evolution forecast for the Central and Eastern Europe, a report from Fitc...

Florentina Dragu · 16.05.2012 · 18:04 · 1 min
Fitch: Restoring Public Wages In Romania To Raise Deficit Again
Macroeconomics

Fitch: Restoring Public Wages In Romania To Raise Deficit Again

Restoring the public wages to pre-austerity levels in Romania would impact not only the budget deficit, but would likely trigger a series of additional negative effects in the economy, such...

Florentina Dragu · 08.03.2012 · 17:29 · 1 min
Macroeconomics

Fitch: November Elections Remain Focus for Romania

Recent political developments in Romania should not deflect the country from its agreed path with the International Monetary Fund and the European Union, Fitch Ratings said Friday in a repor...

Bogdan Neagu · 10.02.2012 · 17:33 · 1 min
Banks-Insurance

Fitch Revises Romania UniCredit Tiriac Bank’s Outlook To Negative

Fitch Ratings Wednesday affirmed the long-term issuer default ratings of Romanian UniCredit Tiriac Bank at 'BBB+', while revising its outlook to negative from stable, the ratings agency said...

Florentina Dragu · 08.02.2012 · 16:41 · 1 min