PUBLIC DEBT
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Inefficient Administration Causes Romania EUR1.3 Billion Losses Every Month
The flawed state management translates into losses of EUR1.3 billion each month (EUR18 billion per year) as Romania lacks three main abilities: the skill to attract EUR400 million that it sh...
UniCredit: Romania’s Funding Needs To Leap By 34% Next Year
Romania’s funding needs will remain high next year, as UniCredit analysts estimate it will reach EUR22.4 billion, EUR5.7 billion (34%) higher than this year.
Croitoru, BNR: Romania Should Put Debt Cap In Constitution
Romania must balance its fiscal policy better and put a constitutional cap on the public debt, a central bank official said Tuesday.
Romania's Public Debt Widens To RON214B In June
Romania’s public debt rose to 214.02 billion lei (EUR50.7 billion) in June, from roughly RON201 billion a month earlier, Finance Ministry data showed Wednesday.
Romania's Public Debt Nears RON201B In May
Romania’s public debt rose to 200.6 billion lei (EUR47.3 billion) in May, from roughly RON195.5 billion a month earlier, Finance Ministry data showed Tuesday.
Attracted By High Yields, Foreign Investors Now Hold Over 15% Of Leu-Denominated Paper
Foreign investors, mostly corporate entities, owned leu-denominated state paper worth nearly 9.2 billion lei (EUR2.2 billion), accounting for around 15% of the market volume.
Public Debt Slides To RON195.5B In April
The public debt fell to 195.5 billion lei (EUR46.2 billion) in April, from roughly RON199 billion a month earlier, Finance Ministry data showed Friday.
Romania Borrows EUR11.5B In Five Months To Keep Going
The record-high EUR1.5 billion raised by the Finance Ministry last week from the foreign markets brings to over EUR4.5 billion the foreign currency debt accumulated by Romania since the begi...
Budget Gap Limited To 3% Of GDP - Constitution Draft
Romania's budget gap may not be wider than 3% of the gross domestic product, while the public debt may not exceed 60% of the GDP, says the draft revised Constitution, published Wednesday by...