Moody’s, ahead of the vote on the Government: The New Executive supports fiscal stability

Moody’s views the establishment of a new Romanian government and the timely approval of the 2027 budget as beneficial for the country's credit profile, aiding fiscal consolidation. The agency emphasizes the importance of political stability and a credible budget amidst high financing needs. It projects a decrease in the budget deficit from 7.9% of GDP in 2025 to 5.5% in 2027, alongside a gradual reduction in the primary deficit. Moody’s urges continued reforms to manage public debt and warns of rising costs. The upcoming budget is seen as a critical test for fiscal credibility, requiring realistic revenue and sustainable expenditures.