NEGATIVE RATING OUTLOOKStandard & Poor's says that we are going downhill
Emilia Olescu ( (TRANSLATED BY COSMIN GHIDOVEANU)English Section / 13 decembrie 2019
• Even though S&P expects that next year we will begin a process of significant fiscal consolidation, the rigid structure of the budget and the volatility of the political environment represent risks to this hypothesis
Standard & Poor's (S&P) has worsened our rating outlook from stable to negative as a result of the growing budget deficit. In this context, our country will borrow at higher costs, and business people will think twic


























































































