Moody’s affirms Romania’s sovereign rating, sees risks of slower fiscal consolidation

10 August 2026 International rating agency Moody’s on August 7 affirmed Romania’s fragile Baa3 sovereign rating, along with its negative outlook, linked to high implementation risks related to the country’s ambitious multi-year fiscal consolidation programme. Compared to a year ago, the fiscal deficit narrowed faster t

Benin · FINANCE Key Facts —The upgrade: Moody’s lifted Benin’s sovereign rating from B1 to Ba3 on 7 August 2026, with a stable outlook — three notches below investment grade, in the top speculative-grade (Ba) band. —Rating trajectory: Moody’s raised Benin from B2 to B1 in March 2021 and held it there until this single-