S&P affirms Romania at BBB-/A-3 with negative outlook amid political deadlock
AI Summary- S&P Global Ratings affirmed Romania’s sovereign ratings and maintained a negative outlook.
- Romania’s fiscal deficit is projected at 6.25% of GDP in 2026, versus 7.9% in 2025.
- Political paralysis caused €750 million in forfeited recovery grants after a public wage law failed.