Viewing posts from : March 2016

Romania – getting closer to emerging market status

Bucharest Stock Exchange (BVB) reported on the latest assessment of the Romanian capital market, prepared by FTSE Russel, one of the leading international institutions, analyzing capital markets. According to the FTSE Russel Bucharest Stock Exchange meets eight out of nine criteria required for classification in the Emerging market segment Emerging (FTSE-Secondary Emerging). The sole criterion […]

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Credit rating agency Fitch reaffirms Romania’s rating

Ratings agency Fitch reaffirmed Romania’s Long-term foreign and local currency Issuer Default Ratings (IDR) at ‘BBB-‘ and ‘BBB’ respectively. Fitch determined Romania’s ratings considering its positive economic outlook, with GDP expected to grow over the next two years, and by its marginally better fiscal position than its ‘BBB’ peers. The agency estimated for Romania a 2.7% […]

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