PUBLIC DEBT
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Public Debt Strategy: Finance Ministry Wants To Borrow EUR7.2B From External Market Over 3 Years
The government’s foreign currency public debt will not exceed 50% of the total and the annual debt service will not go beyond 10.5% of gross domestic product by 2014, according to the strate...
Romania's Public Debt Widens To RON236.7B In April
Romania’s public debt rose to 236.65 billion lei (EUR53 billion) in April, from RON235.17 billion a month earlier, according to data posted on the Finance Ministry's website.
Treasury Chief Says New Debt Management Plan To Cap Annual Cost Of Public Debt Service
Updating Romania’s public debt management strategy, with an emphasis on limiting the annual rates and interests as share of the gross domestic product, stimulating authorized primary dealers...
Romania's Public Debt Nears 40% Of GDP
Romania’s public debt is approaching its sustainability limit, 40% of GDP, the maximum level accepted by investors. At the price of creating a liquidity buffer, the growth of the public debt...
Romania Ups 2012 Public Debt Forecast To 34.2% Of GDP
The Romanian government revised upward its forecast on the public debt to 34.2% of the gross domestic product, from 33.9% of GDP previously, according to the country’s latest convergence pro...
Budget Deficit Target Already Under Threat As Public Debt Is Rising Fast
Romania's budget deficit in the first two months was the same as in 2011, while public debt continued to rise fast because of the Finance Ministry's policy to borrow aggressively from market...
Romania’s Public Debt Rises Despite Examples Of Devastating Consequences Thereof
The sovereign debt crisis that threatens to choke the euro zone and the entire European Union with it, calls for steps throughout the entire Europe to contain it by cutting government spendi...
Romania's Public Debt Widens To RON207.6B In August
Romania’s public debt rose to 207.57 billion lei (EUR48 billion) in August, from RON204.63 billion a month earlier, Finance Ministry data showed Monday.
What Romania Must Learn From The Sovereign Debt Crisis: Keep Public Debt Under Control
From 2005 until 2010 Greece’s public debt as a percentage of GDP grew from 100% to 150%. In less than a year, the debt went up by a further ten percent, and is currently at 160% of GDP, whic...