Romania’s budget deficit stood at 2% of economic output in the first six months, down by almost half from the same period of last year. However, Fitch Ratings said that political instability after a government collapse has reduced policy visibility beyond 2026.
Deficit Reduction Efforts
Fitch affirmed Romania’s sovereign credit ratings at ‘BBB-/A-3’ and kept a ‘negative’ outlook due to ongoing pressures on the country’s finances. The agency expects the Romanian economy to contract by 0.6% overall in 2026.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
