indebtedness
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Banks-Insurance
Population and Company Indebtedness Quickens by Over 10% in 2021 YOY, Fastest Since 2008
Total population and company debt at end-2021 reached RON425.6 billion (EUR86.5 billion), up by RON40.2 billion or 10.4% from the 2020 level. The indebtedness growth pace sped up in 2021, to the fastest since 2008.
Banks-Insurance
One In Three People Who Took Out A Loan In 2017 Spends Over 55% Of Their Income On Loan Installments
The rise in home prices is making people rush to take out loans they will not be able to repay; the increase in the ROBOR rate may trigger a new wave of overdue loans, Romania’s central bank...