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Fitch Affirms Romania At BBB-, With Stable Outlook
Banks-Insurance

Fitch Affirms Romania At BBB-, With Stable Outlook

Fitch Ratings Friday affirmed Romania’s long-term foreign currency default rating at BBB-, with stable outlook, as the country has consolidated its public finances successfully and reduced e...

Ioana Tudor · 13.09.2013 · 19:40 · 1 min
Coface Sees Romania GDP Growth At 1%-1.5% In 2013
Macroeconomics

Coface Sees Romania GDP Growth At 1%-1.5% In 2013

Romania's economy is expected to expand by 1% to 1.5% in 2013, according to estimates of Coface rating agency.

Florentina Dragu · 08.08.2013 · 12:18 · 1 min
Moody's Cuts Ratings Of BCR And BRD
Banks-Insurance

Moody's Cuts Ratings Of BCR And BRD

Moody's Investors Service on Wednesday downgraded the deposit ratings of the two largest banks in Romania, Banca Comerciala Romana and BRD-Groupe Societe Generale (BRD.RO), following the low...

Bogdan Neagu · 18.07.2013 · 12:09 · 3 min
Fitch Affirms Romania At BBB-, With Stable Outlook
Macroeconomics

Fitch Affirms Romania At BBB-, With Stable Outlook

Fitch Ratings Thursday affirmed Romania’s long-term foreign currency default rating at BBB-, with stable outlook, as a poor growth outlook and structural shortcomings hindered a potential up...

Florentina Dragu · 18.04.2013 · 17:29 · 2 min
Coface: Romania Economy To Grow 1% In 2013
Macroeconomics

Coface: Romania Economy To Grow 1% In 2013

Romania's economy is expected to post modest growth of up to 1% in 2013, from around 0.5% a year earlier, held back by even exports and industrial production, according to estimates of Cofac...

Florentina Dragu · 23.01.2013 · 13:15 · 1 min
Fitch Upgrades Garanti Bank To 'BBB-' With Stable Outlook
Banks-Insurance

Fitch Upgrades Garanti Bank To 'BBB-' With Stable Outlook

Fitch Ratings Friday upgraded Romania-based Garanti Bank SA’s long-term issuer default rating to 'BBB-' with stable outlook, from 'BB+', following the upgrade of the bank's ultimate parent l...

Ioana Tudor · 21.12.2012 · 18:17 · 1 min
Coface: Romania Economy To Grow 1% In 2012
Macroeconomics

Coface: Romania Economy To Grow 1% In 2012

Romania's economy is expected to grow a modest 1% in 2012, after expanding by 2.5% a year earlier, according to estimates of Coface ratings agency.

Florentina Dragu · 26.09.2012 · 13:13 · 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
S&P Affirms Romania Ratings At 'BB+'; Outlook Stable
Macroeconomics

S&P Affirms Romania Ratings At 'BB+'; Outlook Stable

Standard & Poor's Ratings Services Friday affirmed its 'BB+/B' long- and short-term foreign and local currency sovereign credit ratings on Romania, with stable outlook, citing the country’s...

Florentina Dragu · 25.05.2012 · 19:50 · 2 min