Romania's public debt has increased to 1.121 billion lei, exceeding 60% of GDP. The Minister of Finance, Alexandru Nazare: "It does not mean a crisis"

In November 2025, Romania's public debt reached 1.121 trillion lei, representing 60.2% of the estimated GDP, thus exceeding the 60% threshold set by the Maastricht Treaty for the adoption of the euro. At the same time, interest on loans exceeded 50 billion lei (approximately 10 billion euros), equivalent to the amount received by Romania from the EU through the PNRR. The percentage of 2.6% of GDP paid for loan interest in 2025 is a record, and the nominal annual interest rate has increased 3.5 times since the Covid crisis.

"Today it was discussed that Romania's public debt has exceeded 60% of GDP. What does this mean, concretely? It does not mean a crisis - it means that, for years, the state has spent more than it has collected, and the difference has been financed through loans. And these loans are accumulating," wrote Alexandru Nazare on Facebook on Tuesday evening.