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 ...

Electrica, the Romanian state-majority-owned energy group, has successfully raised EUR 500 million through its first-ever ...

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 ...

Romanian power supplier and distributor Electrica said that it plans to list an inaugural green bond issue, worth 500 million ...

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 ...

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

Fitch Ratings notes that the Israel-Iran conflict raises geopolitical risks but Israel's credit rating can absorb the impact. The conflict is expected to remain contained, and any rise in oil ...