10.03.2013

Romania’s real GDP will return to the pre-crisis level in 2014, after six years and after borrowing EUR20 billion from international lenders. The country’s the public debt has doubled in the more

09.19.2013

Romania’s domestic and external public debt sped up during the five years since the crisis began, and has now more than doubled compared with the end of 2008, to over 250 billion lei (EUR56 more

07.19.2013

Romania’s total public debt as a share of the gross domestic product shrunk to 24.4% at the end of March from 29.4% in the year-ago period, largely due to fewer share and other equity holdings and a more

05.27.2013

Romania’s public debt climbed at 252 billion lei (EUR57 billion) in March, which is higher by RON11.5 billion from December 2012, due to large amounts borrowed mainly from the domestic market. more

10.29.2012

Romania’s Central Bank and the Finance Ministry will touch a foreign debt payment peak over the next two years as they will have to pay EUR13 billion, the president of the Fiscal Council Ionut more

09.20.2012

Romania’s public debt rose to 236.69 billion lei (EUR52.5 billion) in July, from RON232.17 billion a month earlier, Finance Ministry data showed. more

07.26.2012

Romania's Finance Ministry wants to introduce certain spending restrictions to take effect automatically when the net public debt goes over 35%, 40%, or 45% of the GDP, said state secretary Liviu more

07.24.2012

Romania’s public debt rose to 237.76 billion lei (EUR51.2 billion) in May, from RON236.65 billion a month earlier, Finance Ministry data showed. more

07.16.2012

The government’s foreign currency public debt will not exceed 50% of the total and the annual debt service will not go beyond 10.5% of gross domestic product by 2014, according to the strategy of more

06.15.2012

Romania’s public debt rose to 236.65 billion lei (EUR53 billion) in April, from RON235.17 billion a month earlier, according to data posted on the Finance Ministry's website. more

05.23.2012

Updating Romania’s public debt management strategy, with an emphasis on limiting the annual rates and interests as share of the gross domestic product, stimulating authorized primary dealers to more

05.22.2012

Romania’s public debt is approaching its sustainability limit, 40% of GDP, the maximum level accepted by investors. At the price of creating a liquidity buffer, the growth of the public debt was more

05.14.2012

The Romanian government revised upward its forecast on the public debt to 34.2% of the gross domestic product, from 33.9% of GDP previously, according to the country’s latest convergence program more

04.25.2012

Romania's budget deficit in the first two months was the same as in 2011, while public debt continued to rise fast because of the Finance Ministry's policy to borrow aggressively from markets for fear more

04.24.2012

From next to zero ten years ago, the debt of the public administration has reached 13.7 billion lei (EUR3 billion), practically doubling in 3-4 years’ time. This deepens the public debt, which more

12.30.2011

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 more

10.31.2011

Romania’s public debt rose to 207.57 billion lei (EUR48 billion) in August, from RON204.63 billion a month earlier, Finance Ministry data showed Monday. more

10.31.2011

From 2005 until 2010 Greece’s public debt as a percentage of GDP grew from 100% to 150%. In less than a year, the debt went up by a further ten percent, and is currently at 160% of GDP, which more

10.25.2011

The government’s interest spending, which has tripled in the last three years, will continue to rise, making it into an important risk factor for fiscal control. Payment obligations will increase more

10.11.2011

The flawed state management translates into losses of EUR1.3 billion each month (EUR18 billion per year) as Romania lacks three main abilities: the skill to attract EUR400 million that it should take more

10.05.2011

Romania’s funding needs will remain high next year, as UniCredit analysts estimate it will reach EUR22.4 billion, EUR5.7 billion (34%) higher than this year. more

10.04.2011

Romania must balance its fiscal policy better and put a constitutional cap on the public debt, a central bank official said Tuesday. more

08.31.2011

Romania’s public debt rose to 214.02 billion lei (EUR50.7 billion) in June, from roughly RON201 billion a month earlier, Finance Ministry data showed Wednesday. more

08.02.2011

Romania’s public debt rose to 200.6 billion lei (EUR47.3 billion) in May, from roughly RON195.5 billion a month earlier, Finance Ministry data showed Tuesday. more

07.07.2011

Foreign investors, mostly corporate entities, owned leu-denominated state paper worth nearly 9.2 billion lei (EUR2.2 billion), accounting for around 15% of the market volume. more