economedia.ro/nicusor-dan-avertizeaza-asupra-riscu

President Nicușor Dan warned that Romania is on the brink of investment recommendation downgrade by international rating agencies. A downgrade could lead to withdrawal of investment funds, making state financing more difficult and expensive. He explained that rating agencies inform investors about the viability of investing in a country. If Romania's rating is lowered, certain funds may be required to withdraw their investments, leading to higher borrowing costs. Dan mentioned the possibility of needing IMF intervention if sufficient investors are not found, similar to the situation in 2009. He also highlighted that political instability could further undermine investor confidence, especially with upcoming elections. The average recovery time from a downgrade could take six to seven years.