Browsing Tag

foreign debts

Gov’t intends to borrow EUR 8bn to cover the budget deficit, sources say

Valeriu Lazar Dec 15, 2017 1

The Government plans to borrow EUR 8 billion in the next two years, in order to cover the increasing budget deficit, after the waves of wage increases for state employees this year. Another reason is the Government’s intent to refinance…

BUSINESS

Domestic market, much safer than Italy’s, Hungary’s or Greece’s for investors

Anca Bernovici Jan 18, 2015 0

Romania is placed in a better position than Italy, Hungary, Bulgaria, Portugal or Greece in terms of country’s capacity to honor its foreign debts in the next five years, according to S&P Capital IQ’s Global Sovereign Debt Q4 2014…