Romania's end-2020 foreign debt rises

Debt

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Romania's foreign debt increased to EUR 125.452 billion at the end of December 2020 from EUR 109.783 billion at the end of 2019, the country's central bank (BNR) said on Monday.

The end-December figure includes EUR 91.276 billion in long-term foreign debt, up by an annual 22.8%, BNR said. In a separate report, the Bucharest-based bank said that foreign direct investment (FDI) into Romania plummeted by 60% year-on-year in 2020, to EUR 1,921 million from EUR 4,849 million in 2019.

Equity investment, including estimated net reinvestment of earnings, amounted to a net value of EUR 3,953 million and inter-company lending recorded a net negative value of EUR 2,032 million at the end of December, the central bank said in a statement citing provisional data. 

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