17/3/2023 Rating announcement EN
Scope affirms Romania’s credit ratings at BBB- with a Stable Outlook
EU membership, strong medium-term growth potential and moderate public debt support the ratings. Structural budget and current account deficits and moderate reserve coverage remain rating challenges.
14/5/2021 Rating announcement EN
Scope revises Romania’s Outlook to Stable from Negative, affirms ratings at BBB-
Fiscal consolidation reforms and enhanced political stability drive the Outlook change while structural budget and current account deficits remain core ratings challenges.
12/6/2020 Rating announcement EN
Scope affirms Romania’s credit rating at BBB-; Outlook remains Negative
Deteriorating public finances and limited external reserves drive the Negative Outlook. EU membership, high growth potential, and moderate public as well as external debt levels support Romania’s BBB- ratings.
19/10/2018 Rating announcement EN
Scope downgrades Romania’s credit rating to BBB- from BBB, Outlook remains Negative
The continued deterioration of fiscal performance and weak debt trajectory drive the downgrade. Sustained policy uncertainty underscores the Negative Outlook. The country’s high growth potential and moderate levels of debt support the BBB- rating.
3/11/2017 Rating announcement EN
Scope confirms and publishes Romania’s BBB credit rating and changes Outlook to Negative
The rating is supported by Romania’s EU membership and its convergence-process underpinned by high growth rates. Pro-cyclical budgetary policies, re-emerging vulnerabilities to short-term shocks and institutional weaknesses underpin the Negative Outlook.