Romania’s Public Debt Rises Despite Examples Of Devastating Consequences Thereof

12.30.2011 By Iulian Anghel

The sovereign debt crisis that threatens to choke the euro zone and the entire European Union with it, calls for steps throughout the entire Europe to contain it by cutting government spending. In Romania, however, the public debt does not go down, as Finance Ministry data shows, but on the contrary.

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Keywords:
PUBLIC DEBT
, CRISIS