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Research Detail

2020/06/02 / Erste Group Research

Apart from retail sales data in couple of CEE countries, S&P is scheduled to revise Romania’s rating. There is a non-negligible risk of a downgrade, due to the deteriorating fiscal situation. A meaningful correction of the budget deficit is needed in 2021 to avoid a rating action following the change of the outlook to negative in December 2019.

General information

AuthorErste Group Research
Product nameVideo
Topic in focusFX, Macro/ Fixed income
Economy in focusCEE, Romania
Currency in focusRomanian Leu
Sector in focus-


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