The long-term interest rate for Romania increased in May 2024 to 6.29%, close to the level of 12 months ago.
Delia Niculescu
Economy
foto:pexels
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Romania has seen long-term interest rates rise, approaching the level of 12 months ago. The country retained the second highest borrowing costs among EU Member States after Hungary. The cost of borrowing increased, although Romania continued to hold the second position in the EU. The gap with Central European countries with similar exchange rate regimes widened and public debt climbed above 50% of GDP.
Sources
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