Convergence Program: Romania Public Debt To Reach 40.9% Of GDP End-2020, Below 60% Limit Under Maastricht Treaty

05.25.2020 By Ecaterina Craciun

Romania’s government debt, under the EU methodology, reached 35.2% of the gross domestic product (GDP) end-2019, and is expected to reach 40.9% of the GDP in 2020, given the nearly 1.9% economic downturn, the depreciation of the leu against the euro and the effects generated by the spread of the coronavirus, per the Convergence Program for 2020 released by the Finance Ministry.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

Keywords:: convergence program; , government debt; , Maastricht Treaty

Comment

Username:
Password: