Romania's gross external debt increased by EUR 6.8 billion to EUR 176.8 billion by February 2023, primarily due to long-term debt.
Romania's gross external debt increased by EUR 6.8 billion to EUR 176.8 billion by the end of February 2023, according to the National Bank of Romania. The increase is attributed to long-term debt worth EUR 128.4 billion. S&P has affirmed Romania's BBB-/stable sovereign rating, citing robust growth outlook and moderate stock of external and government debt. However, Romania's inflation poses a challenge to its central bank.
April 15, 2024
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