Short-Term Foreign Debt Swelling Again

06.22.2011 By Chiru Liviu Mihai

The short-term foreign debt (the amounts borrowed from abroad by the state, banks and private companies that need to be paid back over the next 12 months), which was the main vulnerability that sent Romania reeling in late 2008, is soaring again. It reached EUR19.3 billion in April, the highest level since the same month of 2009.

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Keywords:: FOREIGN DEBT; , ANALYSIS

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