Romania’s total external debt close to EUR 100 bln on rising short-term credit

Sorin Melenciuc 14/01/2019 | 13:30

Romania’s total external debt grew by 2 percent in the first 11 months of last year compared with December 2017, to EUR 99.36 billion, due mainly to rising short-term debt, National Bank of Romania (BNR) data show.

Long-term public debt rose by EUR 698 million, to EUR 34.2 billion at the end of November, while the non-publicly guaranteed debt (mostly private) declined by EUR 1.52 million, to EUR 32.28 billion.

The total long-term external debt amounted to EUR 67.726 billion in November, down 1.2 percent compared with December 2017.

But the short-term external debt increased by 9.7 percent to EUR 31.64 billion.

The external rate service ratio on the long term was 20 percent in January-November, compared with 25 percent in 2017.

The coverage level of goods and services imports at end-November was 4.8 months, compared with 5.4 months in December 2017, according to the central bank.

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Sorin Melenciuc | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue