News Romania Debt: Romania curbs debt sale plan as presidential favourite rules out tax hikes
Romanian debt managers curbed local debt sale plans on Wednesday amid a slide in the leu currency since hard-right presidential candidate George Simion took the lead in the first round vote and ruled out tax hikes to fix the country's ailing finances. The leu has lost nearly 3% and Romania's 10-year bond yields surged by some 60 basis points since eurosceptic Simion decisively swept a first ballot on Sunday, triggering the resignation of leftist Prime Minister Marcel Ciolacu and the collapse of the pro-Western coalition government. With a run-off scheduled to take place on May 18, Simion has "categorically" ruled out tax hikes if he wins the election, but offered no alternative to cutting the European Union's largest budget deficit and avoiding a ratings downgrade.
News Romania Debt: Romania’s public debt rises to 61.4% of GDP at end-May
By Iulian Ernst in Bucharest Romania’s general government debt (chart) increased by RON22.5bn (€4.3bn) in May to RON1.19 trillion, pushing the debt-to-GDP ratio up to 61.4%, according to data published by the Finance Ministry. The ratio increased by 1.2 percentage points from 60.2% at the end of April and has remained above the 60% threshold since ...
News Romania Debt: Romania's public marginally up in April, remains above 60% of GDP
Romania's public debt (chart) under the EU's ESA methodology increased marginally in April by only RON1.7bn (€327mn, +0.1% m/m) to RON1.17tn (€227.9bn), according to Finance Ministry data. Expressed in euros, the debt stock declined by 0.7% m/m due to exchange rate movements. The public debt-to-GDP ratio edged up to 60.2% at the end of April from 6...
News Romania Debt: Romania's foreign debt rises to 229.3 bln euro in Jan
Romania's gross foreign debt increased to 229.333 billion euro ($263.87 billion) at the end of January from 227.347 billion euro at the end of 2025, the central bank said on Tuesday.
News Romania Debt: Romania Revamps Debt Strategy Amid Market Volatility
Romanian authorities have adjusted their domestic debt issuance plan for March in response to volatility caused by the Iran war. They canceled planned bond tenders and instead decided to offer one-year treasury bills and bonds expiring in 2030. The revised debt target is now lower at 6.1 billion lei.
News Romania Debt: Romania's Debt Maneuver Amid Global Tensions
Romanian finance officials have adjusted their March domestic debt issuance plan twice due to market instability caused by geopolitical tensions involving the U.S. and Israel against Iran. The finance ministry reduced the March debt target and adjusted the bond tender schedule, leveraging existing financial cushions.
News Romania Debt: Romania central bank's December FX reserves up to 40.48 bln euros
The Romanian central bank's foreign exchange reserves, excluding 103.6 tonnes of gold, rose by 1.19 billion euros ($1.35 billion) to 40.48 billion euros at the end of December, the bank said on Monday ...
News Romania Debt: Romanian Municipalities: Peer Review 2021
All Municipalities in the ‘BBB’ Category Fitch Ratings rates four Romanian municipalities at ‘BBB-’, equal to the Romanian sovereign’s Issuer Default Rating (I ...
News Romania Debt: First tranche of Resilience Facility pushes up Romania’s forex reserves in December
Romania’s foreign exchange reserves at the National Bank of Romania amounted to EUR 40.47 bln at the end of December, almost EUR 1.2 bln more compared to the end of November and nearly EUR 3.1 bln at ...
