International rating agency Standard&Poor’s has changed its outlook of Romania’s rating from stable to negative while affirming the country’s long- and short-term foreign and local currency sovereign credit ratings at ‘BBB-/A-3’. In reaction, Romania’s Liberal Government argues the action is fully based on the previous Government’s actions, although the rating agency questioned the incumbent Government’s fiscal consolidation stance as well.
Related Articles

Climate Crisis
George Monbiot: Ground Rules
September 12, 2021
Mathew D. Rose
Climate Crisis, Economics, Energy, Environment, Finance, Sustainability
0
We cannot build our way out of the environmental crisis. Read here

Corruption
DeClassified UK: Israel lobby funded a quarter of British MPs
June 7, 2024
Mathew D. Rose
Corruption, Geopolitics, Lobbying, National Politics, Political Parties
0
Some 180 of Britain’s 650 MPs in the last parliament accepted funding from pro-Israel lobby groups or individuals during their political career, Declassified can reveal. That includes 130 Conservative MPs, 41 Labour MPs and three […]

Economics
Pepe Escobar: Who profits from Pipeline Terror?
The whole of Germany’s economy was planned based on cheap Russian gas. There was no Plan B. The German government tried everything to avoid interference with this plan, be it the dlimate crisis as economics […]
Be the first to comment