We believe that Romania is likely to continue to comply with the IMF/EU standby agreement, thereby further easing external financial pressures. We are revising our outlook on Romania to stable from negative. The stable outlook reflects our view that the government is likely to reinforce its ongoing budgetary consolidation effort with structural improvements in its fiscal framework. MADRID (Standard&Poor's) March 9, 2010--Standard&Poor's Ratings Services said today that it has revised its outlook to stable from negative on the long-term local and foreign currency sovereign credit ratings on the Republic of Romania. At the same time, Standard&Poor's affirmed its 'BB+/B' long- and short-term foreign currency sovereign credit ratings and its 'BBB-/A-3' long- and short-term local
