Dan Nicushor
The Agerpres news agency reported this, noting that the decision to rank Romania just one notch above countries with a “junk” credit rating (the so-called “junk” category, indicating a high risk of default) was driven by political uncertainty in the country.
According to Fitch’s forecast, Romania’s budget deficit will stand at 5.9% of GDP in 2026—below the 6% target—and at 5% of GDP in 2028. The agency also warns of the risk of further growth in public debt, 53% of which is denominated in foreign currency.
Fitch also forecasts that Romania’s economic growth will be 0.6% this year and approximately 2.3% in 2028. Inflation is forecast to reach 7.6% in 2026 and decline to 3.8% in 2028.
“Romania remains in the category of countries recommended for investment—it has passed another test by the skin of its teeth,” commented Alexandru Nazare, Romania’s acting Minister of Finance, on his Facebook page regarding Fitch’s decision. “Rating agencies continue to closely monitor Romania—any deterioration could result in serious sanctions in the near future.”
