Romania is facing a historic public debt, exceeding one trillion lei, equivalent to 57.2% of GDP. This increase has been driven by the need to cover current payments and previous debts, with the Ministry of Finance selling government bonds worth over 856 billion lei. In the last month, the central public administration debt has increased by 6 billion lei, resulting in a debt of 1,016 billion lei, which implies a debt of over 55,000 lei for each Romanian.
Sources
Latest News
16:26
Moldova’s Electronic Governance Agency: A cyberattack targeted one million IDNPs, and the data of 750,000 people was allegedly extracted
16:19
Ciprian Ciucu says that Bucharest has become twinned with Kyiv in order to be able to donate generators: “To justify it before the Court of Accounts, the best instrument is this twinning”
16:09
A police officer from Timișoara, indicted after allegedly leaking tips to home burglars
15:57
Alexandru Muraru: “Sorin Grindeanu’s administrative reform is an ordinary fake”
15:56
Study for the European Parliament: State intervention in bank takeovers may fragment the single market
See more news