Romania faces S&P rating verdict Oct 2; downgrade to junk possible amid political crisis

Romania begins talks with S&P on Thursday ahead of an October 2 sovereign rating decision. A one-notch downgrade from BBB-/A-3 with negative outlook would push the country to junk, potentially restricting investor access and raising borrowing costs. The review occurs amid a political crisis, with S&P monitoring the next government's ability to cut the deficit.