Arrears Of Private And State Companies Rose To 20% Of Romania’s GDP During Crisis

09.24.2013 By Claudia Medrega

Overdue debts of private companies and state-owned companies in Romania increased between 2008 and 2012, reaching around 20% of the country’s gross domestic product (nearly RON120 billion).

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Keywords:
arrears
, private firms
, state companies
, GDP