Minister of Finance: I Exclude the Danger of Not Being Paid Pensions and Wages" / "I Trust Romania's Arguments Towards Standard & Poor's"
12 Articles
12 Articles
Interim Finance Minister Alexandru Nazare said on Thursday evening that, despite the political crisis and a government with full powers, Romania is not in a position to be unable to pay pensions and wages.
S&P Global is due to review Romania's credit rating on Friday, which is on the lowest step of the category "investment grades", with a negative outlook. Article Minister of Finance: "Excludes the danger of not being paid pensions and salaries" / "I trust Romania's arguments about Standard & Poors" appears first in Romania TV.
Alexandru Nazare, gave assurances Thursday evening that Romania has the necessary resources to pay pensions and salaries on time, undermining the public fears generated by the current political crisis and the functioning of the executive with limited powers.
Finance Minister Alexandru Nazare said on Thursday evening at TVR, 24 hours before the critical rating of the Standard&poor's agency, that he trusts that the evaluation will take into account the positive things obtained during this period. The Minister's main statements: Reduction of deficit is significant, with 1.6 percentage points, a very large adjustment. There are 27 [...]
Interim Minister of Finance, Alexandru Nazare, said on Thursday, October 1, the day before the representatives of the rating agency Standard & Poor's (S&P) to publish the report that includes the new assessment of Romania, that it is confident that our country will not be demoted to the unrecommended category of investors, known as [...]
As Romania sinks into a political crisis, as the Prime Minister-designate has not obtained the confidence of parliament, the currency picks up and the rates differ in the face of the risk of slipping public finances and deterioration of sovereign rating. S&P is due to vote this Friday.
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