PUBLIC DEBT
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Romania Mulls Euro-denominated Bonds To Refinance Debt
Romania pursues a strategy of issuing liquid benchmark bonds and refinancing treasury bills via euro-denominated bonds to improve its public debt management, Budget Minister Liviu Voinea sai...
Romania Will Get To 2008 GDP Level Only In 2014
Romania’s real GDP will return to the pre-crisis level in 2014, after six years and after borrowing EUR20 billion from international lenders. The country’s the public debt has doubled in the...
Romania’s Public Debt Doubles In Five Years To Over EUR50B
Romania’s domestic and external public debt sped up during the five years since the crisis began, and has now more than doubled compared with the end of 2008, to over 250 billion lei (EUR56...
BNR: Romania 1Q Public Debt Falls To 24.4% Of GDP
Romania’s total public debt as a share of the gross domestic product shrunk to 24.4% at the end of March from 29.4% in the year-ago period, largely due to fewer share and other equity holdin...
Romania’s Public Debt Higher By RON11.5B In 1Q/2013
Romania’s public debt climbed at 252 billion lei (EUR57 billion) in March, which is higher by RON11.5 billion from December 2012, due to large amounts borrowed mainly from the domestic marke...
Fiscal Council: Romania To Reimburse EUR13B Over Next Two Years, Foreign Currency Reserves At Risk
Romania’s Central Bank and the Finance Ministry will touch a foreign debt payment peak over the next two years as they will have to pay EUR13 billion, the president of the Fiscal Council Ion...
Romania Public Debt Widens To RON236.7B In July
Romania’s public debt rose to 236.69 billion lei (EUR52.5 billion) in July, from RON232.17 billion a month earlier, Finance Ministry data showed.
Finance Ministry Plans Spending Restrictions If Public Debt Exceeds Certain Levels
Romania's Finance Ministry wants to introduce certain spending restrictions to take effect automatically when the net public debt goes over 35%, 40%, or 45% of the GDP, said state secretary...
Romania Public Debt Widens To RON237.7B In May
Romania’s public debt rose to 237.76 billion lei (EUR51.2 billion) in May, from RON236.65 billion a month earlier, Finance Ministry data showed.