End-April, the public debt reached 39% of the gross domestic product, from 38.6% of GDP in March.

The public debt-to-GDP ratio was calculated using an estimated GDP of RON607.5 billion for 2012. A year earlier, Romanian GDP was RON578.5 billion.

Government public debt was 94.6% of the total debt in April, while local authorities’ debt accounted for 5.4%. (EUR1=RON4.4595)