Romania's Treasury head Stefan Nanu ruled out the risk of a sovereign downgrade if fiscal consolidation measures are maintained, stating the country is on track with a 1% Q1 budget deficit against a 6.2% annual target. However, rating agencies remain cautious due to ongoing political turmoil, with interim finance minister Alexandru Nazare acknowledging concerns and admitting that instability is pressuring the exchange rate, though the National Bank of Romania is acting to stabilize conditions.