Romania has paid over EUR 77 M to EU and WB, since the beginning of the year

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From January to the present, Romania has paid EUR 77.1 million to the European Union and the World Bank (WB), from the EUR 19.95 billion stand-by loan contracted in 2009, according to the data released by the Ministry of Public Finances (MFP). The entire amount represents interest and fees.

Most of the amount must be reimbursed to the European Union, namely EUR 72.8 million, and the rest to the WB.

Overall, Romania has to pay this year EUR 1.26 billion to EU and WB. Of this amount, EUR 1.15 billion represent capital ratios, and the rest, interests and commissions. Over EUR 1.25 billion are to be repaid to the EU and only EUR 9 million to the World Bank.

In 2016, Romania paid EUR 113 million to EU and WB. Most of the amount was reimbursed to EU, namely EUR 104 million. EUR 9.1 million went to WB.

By 2023, Romania still has to pay more than EUR 4.7 billion to WB and EU. The largest amount will go to the EU, namely EUR 3.71 billion.

MFP data show that 2015 was the peak of payment for the loan – EUR 1.8 billion, but there are still three large payments in 2017, 2018 and 2019. In 2017, Romania has to pay more than EUR1.2 billion, in 2018 – EUR 1.4 billion and in 2019 – EUR 1 billion.

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