Business - n.a.

Bucharest: Fitch Affirms Sovereign Debt Rating

Published: February 3, 2014; 16:45 · (Vindobona)

The U.S. rating agency Fitch has kept the long-term issuer default rating at “BBB-“. The outlook remains stable.

Bucharest: Fitch Affirms Sovereign Debt Rating / Picture: © Vindobona.org

According to Fitch, the rating includes the financial and economic situation. In essence, Fitch expects Bucharest to keep the public debt level flat while real GDP growth is forecasted to accelerate this year. Moreover, Fitch underlined that the debt coverage is sound. However, the refinancing of a bond maturing is 2015 is a substantial risk factor, Fitch added.

The GDP of…

This article includes a total of 97 words.

or Log In

Fast News Search

Join us to succeed in Vienna! Sign up to read articles for free and to get personalized updates on the events that interest you.

Bucharest: Fitch Affirms Sovereign Debt Rating

The U.S. rating agency Fitch has kept the long-term issuer default rating at “BBB-“. The outlook remains stable.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.