“It is hard to believe that the rating will be modified on a short term. An upgrade of the outlook is needed first. Usually, the ranking is changed after six months from the outlook change”, said Popa. Likewise, he estimated that in 2010 Romania will register an economic growth of 1.3 – 1.5 percent.
An upgrade of Romania’s credit rating is possible in a year, requiring firstly an outlook upgrade, Vice Governor of the Romanian National Bank Cristian Popa said on Friday.