{"id":707151,"date":"2026-08-08T04:56:04","date_gmt":"2026-08-08T04:56:04","guid":{"rendered":"https:\/\/microscopemedia.com\/?p=707151"},"modified":"2026-08-08T04:56:04","modified_gmt":"2026-08-08T04:56:04","slug":"consultant-economic-despre-rating-ul-moodys-romania-nu-e-in-junk-dar-plateste-deja-ca-si-cum-ar-fi-ce-urmeaza-pentru-tara-noastra","status":"publish","type":"post","link":"https:\/\/microscopemedia.com\/?p=707151","title":{"rendered":"Consultant economic, despre rating-ul Moody\u2019s: Rom\u00e2nia nu e \u00een junk, dar pl\u0103te\u0219te deja ca \u0219i cum ar fi | Ce urmeaz\u0103 pentru \u021bara noastr\u0103?"},"content":{"rendered":"
\n
<\/div>\n<\/p><\/div>\n

\u201eDincolo de aspectele pozitive ale deciziei \u2013 am evitat Junk-ul cu consecin\u021bele de rigoare \u2013 perspectiva negativ\u0103 confirmat\u0103 de Moody\u2019s este, \u00een limbajul agen\u021biilor, un avertisment cu termen: probabilitatea unei retrograd\u0103ri \u00een urm\u0103toarele 12-24 de luni r\u0103m\u00e2ne mai mare dec\u00e2t cea a unei \u00eembun\u0103t\u0103\u021biri\u201d<\/em>, atrage aten\u021bia Adrian Negrescu.<\/p>\n

Acesta precizeaz\u0103 c\u0103 Rom\u00e2nia are \u201eacum perspectiv\u0103 negativ\u0103 la toate cele trei agen\u021bii majore simultan \u2014 Fitch, Moody\u2019s \u0219i S&P\u201d, despre care precizeaz\u0103 c\u0103 este \u201eo configura\u021bie rar\u0103 pentru un stat membru al Uniunii Europene\u201d.<\/p>\n

Mo\u021biunea de cenzur\u0103 ne-a afectat bugetul<\/h2>\n

Potrivit analistului, motivul principal pentru perspectiva negativ\u0103 este contextul politic.<\/p>\n

\u201eAgen\u021bia de rating precizeaz\u0103 c\u0103 mo\u0163iunea de cenzur\u0103 adoptat\u0103 \u00een mai a dus la c\u0103derea guvernului, iar fragmentarea din Parlament a \u00eent\u00e2rziat formarea unui nou executiv, dup\u0103 dou\u0103 \u00eencerc\u0103ri e\u015fuate. Agen\u0163ia porne\u015fte de la premisa c\u0103 un guvern va fi instalat dup\u0103 vacan\u0163a de var\u0103 \u015fi subliniaz\u0103 c\u0103 acesta trebuie s\u0103 func\u0163ioneze de la \u00eenceputul toamnei pentru ca bugetul pe 2027 s\u0103 poat\u0103 fi adoptat p\u00e2n\u0103 la finalul acestui an<\/em>\u201d, afirm\u0103 Adrian Negrescu.<\/p>\n

Cu toate acestea, exist\u0103 \u0219i o veste bun\u0103, acolo unde, adoptarea reformelor din PNRR \u201eau mai salvat\u201d percep\u021bia negativ\u0103 a investitorilor, potrivit expertului.<\/p>\n

Care este urm\u0103torul \u201ehop\u201d?<\/h2>\n

Urm\u0103torul test este evaluarea S&P Global Ratings, programat\u0103 pe 2 octombrie 2026.<\/strong> P\u00e2n\u0103 atunci, statul \u00ee\u0219i preg\u0103te\u0219te finan\u021barea sub protec\u021bia minim\u0103 a calificativului investment grade \u2014 o protec\u021bie care func\u021bioneaz\u0103, dar care se pl\u0103te\u0219te scump, afirm\u0103 Adrian Negrescu.<\/p>\n

\u201eAceasta este realitatea de dup\u0103 verdictul de ast\u0103zi: Rom\u00e2nia nu e \u00een junk, dar pl\u0103te\u0219te deja ca \u0219i cum ar fi. Ie\u0219irea din perspectiva negativ\u0103 cere, \u00een termenii agen\u021biilor, reducerea simultan\u0103 a deficitului bugetar \u0219i a celui de cont curent, sus\u021binut\u0103 de revenirea cre\u0219terii economice \u2014 trei condi\u021bii care, \u00een 2026, se contrazic reciproc\u201d,<\/em> este de p\u0103rere consultantul economic.<\/p>\n

Consultantul a precizat c\u0103 statul are o fereastr\u0103 de maxim 1 an de zile pentru a restructura din temelii \u021bara noastr\u0103. \u201eUn an \u00een care ar trebui s\u0103 vedem, printre altele, reforma administrativ\u0103 \u2013 o condi\u021bie esen\u021bial\u0103 pentru restructurarea cheltuielilor publice.<\/em><\/p>\n

Vom avea un guvern capabil s\u0103 vin\u0103 cu un program coerent de reforme, cu targete foarte clare, capabil s\u0103 reduc\u0103 deficitul bugetar spre 5% \u00een 2027? Va exista voin\u021b\u0103 pe scena politic\u0103 pentru restructurarea aparatului public, a companiilor de stat falimentare, a modului \u00een care este administrat\u0103 Rom\u00e2nia \u0219i sunt cheltui\u021bi banii publici? Este capabil\u0103 clasa politic\u0103 s\u0103 ac\u021bioneze \u00een interesul na\u021bional?\u201d<\/em>, a conchis expertul, \u00eentreb\u00e2nd retoric.<\/p>\n

Joi noapte, agen\u021bia american\u0103 de rating, Moody\u2019s, a dat verdictul<\/strong> <\/a>\u00een ceea ce prive\u0219te eligibilitatea \u021b\u0103rii noastre pe plan financiar, la capitolul \u201einvesti\u021bii\u201d. Potrivit agen\u021biei, ratingul suveran al Rom\u00e2niei este men\u021binut la \u201eBaa3, cu perspectiv\u0103 negativ\u0103\u201d. Este ultima treapt\u0103 din categoria recomandat\u0103 investi\u021biilor \u0219i influen\u021beaz\u0103 c\u00e2t de scump se \u00eemprumut\u0103 statul, av\u00e2nd efecte inclusiv asupra dob\u00e2nzilor pl\u0103tite de popula\u021bie \u0219i firme, cursul leului, investi\u021bii, \u0219.a.m.d.<\/p>\n","protected":false},"excerpt":{"rendered":"

\u201eDincolo de aspectele pozitive ale deciziei \u2013 am evitat Junk-ul cu consecin\u021bele de rigoare \u2013 perspectiva negativ\u0103 confirmat\u0103 de Moody\u2019s este, \u00een limbajul agen\u021biilor, un avertisment cu termen: probabilitatea unei … Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":707152,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/posts\/707151"}],"collection":[{"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=707151"}],"version-history":[{"count":0,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/posts\/707151\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/media\/707152"}],"wp:attachment":[{"href":"https:\/\/microscopemedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=707151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=707151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=707151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}