Petrișor Peiu, the leader of the AUR senators, declared on Facebook that the interest rates that Romania will pay for the loans from the SAFE program will be higher than those announced by the government of Ilie Bolojan. Romania borrowed 16.7 billion euros for 45 years, with a 10-year grace period, to purchase weapons from the EU, mainly from German and French companies. Although the government communicated an interest rate of 3%, Peiu emphasizes that the real interest rate was 3.49% on the market and that, in the future, interest rates will continue to rise due to the increasing debts of the EU. He refers to the total debt of the EU, which is rapidly increasing, and to the relationship with former Prime Minister Marcel Ciolacu, highlighting that Romania's debts will exceed annual revenues. Peiu concludes that interest rates for EU loans will rise, thus affecting costs for Romania.
Sources
Latest News
18:42
Kelemen Hunor warns that Bolojan could remain interim prime minister “for a very long time” if a new government fails to win Parliament’s vote
18:34
The 2027 elections could multiply deadlocks over the budget and EU enlargement, warns a Carnegie Europe researcher
18:22
European Commission warns Turkey after at least 63 people were arrested in raids targeting the LGBTQ+ community
18:09
USR and PNL call for a parliamentary committee to investigate the Mykonos–Nice trips and Nordis flights
17:58
Nicușor Dan wants to meet with Donald Trump / U.S. troops in Europe, the main stake for Romania
See more news