Romania-insider reported that over 7,000 Romanian companies have debts of over RON 1 million (EUR 205,000) to the state budget.
The aggregate value of their outstanding debts amounts to RON 73 billion (EUR 15 billion, or over 6% of GDP), shows an analysis made by CITR based on data from Termene.ro. Two-thirds of these companies are in insolvency or bankruptcy.
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