Petrișor Peiu, the leader of the AUR senators, emphasizes that Romania allocates 5.2% of GDP for the payment of public debt interest, the highest in the European Union.

Petrișor Peiu, the leader of the AUR senators, drew attention to the high cost of Romania's state debt, highlighting that the country spends 5.2% of GDP on interest payments related to public debt, the highest percentage in the European Union. In comparison, spending on education is only 3.3% of GDP, while health spending is close to 6%. Romania ranks 14th in the EU in terms of the size of public debt relative to GDP, at 60% of GDP, with countries like Greece and Italy having debts of over 140% of GDP.

"Romania spends the most on interest related to public debt in the European Union: 5.2% of GDP! The government spends much less on education: only 3.3% of GDP, and on health, it has expenses comparable to those on interest, which do not exceed 6% of GDP. And yet Romania is only 14th in the EU in terms of the size of public debt relative to GDP. Countries like Greece or Italy have a debt more than double that of Romania (140% of GDP compared to 60% of GDP), but they spend much less on interest than the government in Bucharest does. Why is that? Simple: we have the highest interest rate because we have the highest level of budget deficit: 7.9% of GDP! How can a country that spends one and a half times what it spends on education on interest talk about the future?" said the leader of the AUR senators, Petrișor Peiu.