PUBLIC DEBT
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Romania's Public Debt Hit 47.7% of GDP in 2020, at RON498.3B
Romania's public debt reached RON498.3 billion at the end of 2020, accounting for 47.7% of the gross domestics product, compared with 35.3% of GDP in 2019, finance ministry data showed Wedne...
Romania Public Debt Widens To RON451B, Or 42.9% Of GDP, End-September 2020
Romania’s public debt stood at RON451 billion, or 42.9% of the gross domestic product (GDP) at the end of September 2020, higher by RON77 billion than the level reported at the end of 2019,...
Fiscal Council: Romania's Public Debt to Top 50% of GDP in 2021
Romania's public debt is seen accelerating sharply in 2020-2021, to over 50% of the gross domestic product in an optimistic scenario, and over 55% of GDP in a pessimistic scenario, the Fisca...
Romania Unwilling to Access Conditional International Loans
Romania's finance ministry is looking at all financing options from international lenders – IMF, EBRD, World Bank – but will not access any loan with conditions attached, finance minister Fl...
Banks Fund Half Of Romania’s EUR48B Internal Public Debt
Banks own almost half of the internal public debt of Romania, while private pension funds about one fifth of it, Finance Ministry data show.
Erste: Romania’s Public Debt To Stay Below 37% Of GDP In 2018
Romania's public debt will stay below 37% of GDP and well below the 60% level set by the Maastricht criteria in the coming quarters, the Erste Group said in a CEE public debt research paper.
Romanian Finance Ministry To Allow Individuals To Buy Treasury Bonds
Romania's finance ministry will launch a program allowing individuals to buy state paper directly through the state treasury at an interest but free of commission charges, the ministry said...
Romania To Borrow EUR500M From IBRD To Finance Deficit And Refinance Public Debt
Romania will sign a loan agreement with the International Bank for Reconstruction and Development (IBRD), in the amount of EUR500 million, according to a memorandum discussed in Government’s...
Central Bank Governor Warns Against Further Growth in Public Debt
Romanian central bank governor Mugur Isarescu has warned that further growth in public debt could be dangerous and counterproductive.