The country ceiling was confirmed at BBB+, while the stable perspective on the governmental debt was also re-confirmed. Fitch analysts expect Romania to keep within its budget deficit target of 2.2% in the GDP.
The ratings agency expects the acceleration of the economy between 2016 and 2016, to 3% yearly, including via re-starting investments.
Romania witnessed technical recession, with two consecutive quarters of GDP drop, after the economic contraction of 1% in the second quarter of 2014, the highest drop in the EU. (source: Romania-insider.com)
