www.economica.net/rating-romania-nazare-am-putea-t

Romania may improve its country rating outlook from negative to stable by 2027 if the 2024 budget is credible and well-executed, according to Finance Minister Alexandru Nazare. He emphasized the importance of maintaining the investment grade rating for the economy, warning that losing it could have catastrophic effects. Nazare highlighted the rapid increase in public debt and interest costs over the past five years, stressing the need to reduce financing costs. He stated that loans should focus on investments and development rather than covering current expenses, and that Romania must continue budget deficit adjustments until 2030 to foster economic growth.