RATINGS
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Politicians Play Ping Pong With Public Sector Workers’ Wage Raises
High officials are tossing the issue of increasing public sector wages back and forth, while the Romanian currency is depreciating and rating agencies warn that a prospective increase in the...
S&P Cuts Bucharest To ‘BB’ And Withdraws Ratings
Standard & Poor's Ratings Services Tuesday said it has lowered its long-term issuer credit ratings on the Romanian City of Bucharest to 'BB' from 'BB+' and subsequently withdrew its ratings,...
Fitch Rates Romania's $1.5B Bond At BBB-
Fitch Ratings Wednesday said it has assigned Romania's $1.5 billion notes, which carry a coupon of 6.75% and are due on 7 February 2022, a rating of'BBB-', in line with the country's soverei...
Moody’s: Continued Fiscal Prudence, GDP Growth May Boost Romania Ratings
Maintaining a prudent fiscal policy in the medium term and evidence of accelerating economic growth may prompt a positive revision of Romania’s sovereign ratings in the future, Moody’s Inves...
Moody’s Puts BRD On Review For Downgrade
Moody's Investors Service placed under review for downgrade the ratings of Romanian bank BRD-Groupe Societe Generale (BRD.RO), following the recent downgrade of French parent bank's ratings.
S&P Downgrades Transgaz To 'BB+'; Outlook Stable
Standard & Poor's Ratings Services on Wednesday said it lowered its local currency long-term corporate credit rating on Romanian natural gas transmission operator Transgaz Medias (TGN.RO) to...
S&P Affirms Romania Rating At BB+/B; Cuts Local Currency Ratings
Standard & Poor's Ratings Services Tuesday affirmed its 'BB+/B' foreign-currency sovereign credit ratings on Romania, with stable outlook, while cutting the local currency ratings by a notch...
Fitch Affirms UniCredit Tiriac Bank At ‘BBB+’, With Stable Outlook
Fitch Ratings Thursday affirmed its long-term issuer default rating on Romanian UniCredit Tiriac Bank at ‘BBB+’, with stable outlook, following the placement of Italy’s UniCredit group ratin...
Fitch Ups Metropolitan Area Of Oradea Outlook To Positive
Fitch Ratings on Monday revised upward the Romanian metropolitan area of Oradea’s outlook to positive from stable, citing overall improvement following the financial crisis and economic revi...