DEBT
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Romania’s Current Account Deficit Rises 25% To EUR2.7B In January-February 2024
Romania's current account balance posted a deficit of EUR2.7 billion in January-February 2024, 25% higher than in the year-ago period, central bank data showed on Friday (April 12, 2024).
Star Storage Files For Insolvency To Restructure Debt Accumulated During Pandemic
Star Storage, a provider of cloud services and IT infrastructure, document digitization and automation, has announced it filed for insolvency in order “to restructure the debts accumulated d...
CFA Romania Analysts Forecast Budget Gap of 5.8% in GDP, 6.86% Average Inflation, See Leu at 5.0607 Units/Euro in Next 12 Months
Financial analysts part of CFA Romania association say the state budget gap estimated for 2023 will reach 5.8% in GDP, the highest value registered in the CFA survey since the start of the y...
Romania's Current Account Deficit Shrinks To EUR9.82B YoY In January-June 2023
Romania's current account balance posted a deficit of EUR9.82 billion in January-June 2023, lower than the EUR11.9 billion in the same period of 2022, central bank data showed on Monday (Aug...
Romania Current Account Deficit Widens to EUR26.57B in 2022
Romania's current account balance posted a deficit of EUR26.57 billion or 8.9% of GDP in 2022, higher by almost EUR17.47 billion than in 2021, central bank data showed on Monday (February 13...
Romania Current Account Deficit Rises 58% to EUR17B in Jan-Aug
Romania's current account balance posted a deficit of EUR16.9 billion in January-August 2022, higher by 58% than in the same period in 2021, central bank data published on Friday (October 14...
Romania’s Current Account Deficit Rises 71% YoY to EUR12.2B in H1
Romania's current account balance posted a deficit of EUR12.2 in January-June 2022, higher by almost 71% on the EUR7.2 billion in the year-ago period, central bank data published on Friday (...
Digi Repays EUR272M of Financial Debt After Sale of Hungarian Subsidiary
Telecommunications operator Digi Communications (DIGI.RO) on Thursday night notified Bucharest Stock Exchange investors it had repaid EUR272 million of the group’s financial debt.
Household Debt Up 4.26%, Corporate Debt Up 4.35% YoY in Q1
Romanian households’ debt reached about RON172.4 billion (EUR35.2 billion) at the end of the first quarter of 2021, an increase of about 4.26% on the year-ago period, while corporate debt ro...