Analysts say Romania will most likely not access the moneyavailable to it as part of the new arrangements with the IMF andthe European Commission (EC), but will borrow from privatefinancial markets, although its financing needs remain high, anestimated 19 billion euros for this year.
The state has to finance a deficit of 4.4% of the GDP, amountingto around 24 billion RON (about 6 billion euros) and will refinancematuring T-bills worth 34.4 billion RON. The 1.2 billion-euro loantaken out in the summer of 2009 from local banks will mature thissummer, as will the 1.2 billion-euro loan taken out at the end ofJuly 2010.
Romania's public debt exceeded 180 billion RON (42 billioneuros) last autumn, accounting for 35.6% of GDP.
Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels
