“Our policy now is to change the structure of the public debt, to issue 10-year bonds instead of treasury securities with maturities of five years, or 12 or six months,” Basescu told reporters in Brussels.
He said Romania must avoid the pressure trigered by large debts that must be repaid over a short period.
The head of state said the finance ministry has turned to the US market during its last two international debt sales because of the sovereign debt crisis in Europe.