The implementation of tax hikes and other measures to lower Romania's deficit, the EU's largest, depends on the stability of ...

Political risks have eased in Romania since the previous government introduced a consolidation package in late 2024 amid ...

Fitch Ratings said that there are implementation risks to Romania's fiscal consolidation plan, which will weigh on the country's economic growth.

The political uncertainty pushed Romania’s budget deficit above 9% of economic output last year, raising concerns about a potential downgrade to below investment grade. Financial markets stabilized in ...

The trade comes five days after S&P and Fitch upgraded Bulgaria to BBB+ from BBB on July 10, handing stable outlooks to the ...

Bulgaria took out the rest of its international bond market funding with the €3.2bn dual trancher. It was the second most ...

Inflation rate in June landed at 4.3% y/y in Slovakia, at 4.1% y/y in Poland and at 3.7% y/y in Croatia. Wage growth in Hungary was released at 7.8% y/y in May. Producer prices in industry declined by ...

Romania has launched a bold fiscal overhaul to fix its record deficit by raising taxes and curbing spending. The short-term hit to growth and inflation will be significant, but the plan could also ...

Fitch Ratings said that it has lifted United Bulgarian Bank’s (UBB) long-term issuer default rating (IDR) to 'A' from 'A-' ...

Global ratings agency Fitch on Thursday upgraded Bulgaria's long-term foreign-currency issuer default rating to 'BBB+' from ...

Here are hospitals and health systems that received credit rating downgrades from Fitch Ratings or Moody's Investors Service in 2025: ...

A new fiscal consolidation package focusing on tax hikes and spending cuts aims to bring the deficit under control ...