Research Update: Republic of Romania Outlook Revised To Positive On Reform Prospect; FC And LC Ratings Affirmed - S&P Global Ratings’ Credit Research

Research Update: Republic of Romania Outlook Revised To Positive On Reform Prospect; FC And LC Ratings Affirmed

Research Update: Republic of Romania Outlook Revised To Positive On Reform Prospect; FC And LC Ratings Affirmed - S&P Global Ratings’ Credit Research
Research Update: Republic of Romania Outlook Revised To Positive On Reform Prospect; FC And LC Ratings Affirmed
Published Feb 01, 2005
956 words — Published Feb 01, 2005
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Abstract:

On Feb. 1, 2005, Standard&Poor's Ratings Services revised its outlook on the Republic of Romania to positive from stable. At the same time, the 'BB+' long-term and 'B' short-term foreign currency, and the 'BBB-' long-term and 'A-3' short-term local currency sovereign credit ratings on Romania were affirmed. The outlook change is based on the commitment of the new centrist government to step up Romania's economic and institutional reforms, which will in turn solidify the prospect of Romania's timely accession to the EU in 2007. At the same time, budgetary developments are likely to improve relative to previous estimates, despite a radical tax reform introduced by the new government on the day after its inauguration. The ratings on Romania

  
Brief Excerpt:

RESEARCH Research Update: Republic of Romania Outlook Revised To Positive On Reform Prospect; FC And LC Ratings Affirmed Publication date: 01-Feb-2005 Local Currency Foreign Currency Credit Rating: ###-/Positive/A-3 ##+/Positive/B...

  
Report Type:

Research Update

Ticker
1089Z@RO
Issuer
Sector
Global Issuers
Country
Region
Europe, Middle East, Africa
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Research Update: Republic of Romania Outlook Revised To Positive On Reform Prospect; FC And LC Ratings Affirmed" Feb 01, 2005. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Republic-of-Romania-Outlook-Revised-To-Positive-On-Reform-Prospect-FC-And-LC-Ratings-Affirmed-420813>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Republic of Romania Outlook Revised To Positive On Reform Prospect; FC And LC Ratings Affirmed Feb 01, 2005. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Republic-of-Romania-Outlook-Revised-To-Positive-On-Reform-Prospect-FC-And-LC-Ratings-Affirmed-420813>
  
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