Standard and Poor’s analysts improved Romania’s ratings as a result of general estimates that the economy will slightly recover this year, especially due to the expected increase in the foreign market’s demand.
Romania’s ratings for the national and foreign currency short and long term loans remain the same. Standard and Poor’s has also termed as positive the Romanian government’s intention to cut the budget deficit from 7.8% of the GDP, as it was in 2009, to 6.4% in 2010.

The disbursement of the overdue payments of the loan given by the IMF, following evaluations of the way in which the provisions of the stand by agreement concluded with Romanian have been met, is another major factor that experts take into account when conducting such an analysis. The expected measures aimed at diminishing the state salary fund and the reforming of the pension system in 2010 also contributed to improving Romania’s ratings.