Romanian foreign debt rises January
Photo by Radu Bercan/Shutterstock.com
Romania's foreign debt increased to EUR 137 billion at the end of January from EUR 134 bln at the end of 2021, the country's central bank reported last week.
The end-January figure includes EUR 97 bln in long-term foreign debt.
Long-term external debt service ratio fell to 11.2% in January, compared to 16.5% at end-2021.
The ratio of the central bank's FX reserves to short-term external debt by remaining maturity increased to 86.7% at end-January, from 82.3% at end-2021.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.