economedia.ro/nazare-romania-poate-evita-retrograd

Romania's Finance Minister, Alexandru Nazare, asserts that the country can maintain its investment grade rating despite budgetary pressures and potential losses from the PNRR. He acknowledges existing tensions due to budget obligations and unpaid bills but insists that the target budget deficit of 6.2% of GDP for 2026 remains achievable. Nazare emphasizes the importance of presenting a realistic budget to avoid a downgrade to junk status, which would negatively impact inflation and the labor market. He also discusses the need for structural reforms in healthcare spending and ongoing negotiations regarding debts related to Pfizer contracts. Romania is set for crucial evaluations from rating agencies in early 2024, which will influence its financial outlook.