(Editor's note: the original press release, sent out earlier today, included incorrect analytical contacts. The contacts included in this release are correct.) LONDON (Standard&Poor's CreditWire) June 7, 2001--Standard&Poor's today raised all its ratings on the Republic of Romania by one notch: -- Its long-term foreign currency issuer credit and senior unsecured ratings were raised to single-'B' from single-'B'-minus; -- Its short-term foreign currency issuer credit and foreign currency short-term debt ratings were raised to 'B' from 'C'; -- Its long- and short-term local currency issuer credit ratings were raised to single-'B'-plus/'B' from single-'B'/'C'. -- The outlook on the ratings remains positive. The upgrades and positive outlook reflect recent advancement and good prospects for extending reform during
