www.antena3.ro/economic/alexandru-nazare-explica-c
Romania is at risk of being downgraded to junk status, warns Finance Minister Alexandru Nazare. He acknowledges the country's precarious financial situation and the potential consequences of losing its investment-grade rating, which could lead to higher borrowing costs and economic instability. Nazare believes that with careful decision-making, Romania can avoid needing an IMF agreement and maintain its rating. He emphasizes the importance of a realistic budget for 2027 and the need to control state spending. The upcoming evaluations by major rating agencies will be crucial for Romania's financial future. Nazare rejects the notion that a downgrade is inevitable, urging for ambitious measures to improve the country's rating.
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