debt
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Private foreign debt tops 21bn euros
Private companies increased their medium and long term foreign debt by another 700 million euros in October, around 120 million euros more than in September, with total credits being worth o...
Private sector funding deepens foreign debt
Credits taken out by companies from abroad and placements by non-residents on the Romanian market have deepened Romania's medium and long-term foreign debt by 5.4 billion euros, since the be...
Public debt at 5-year low: 16.4% of the GDP
The total debt of the Romanian state has exceeded 20 billion euros for the first time ever, but registered the lowest level of the past few years in terms of percentage of the gross domestic...
Private companies' medium and long-term foreign debt up 16% in H1
Private companies have accumulated a foreign debt worth 18.77 billion euros over medium and long term, up by over 16% against the end of 2006, for which they paid interests and instalments w...
Popa, BRD: Romanians don't know how to live from one debt to another
Mortgage credits taken for more than 30 years give the customer the wrong impression of having gained something, when actually a longer-term financing actually means the initial loan will do...
Debt collector Urban si Asociatii apply to join FENCA
Debt collection company Urban si Asociatii (Urban and Partners) has submitted the necessary papers required to join the Federation of European National Collection Association. The request is...
NBR: 40% debt cap only under certain conditions
The National Bank has warned banks that the new upper indebtedness level for a client, set at 40% of eligible incomes until the internal credit norms of each bank are approved, can only be a...
Rapid foreign debt growth makes repayment more difficult
The fast surge in short-term foreign debt may become a serious problem in the event of a reversal of the RON appreciation trend, analysts believe. Over the past two years, foreign debt, and...
"Unorthodox" steps taken to slow down lending boost short-term foreign debt
The short-term foreign debt, mostly generated by the private sector, is "completely open to growth" and has become a factor that cannot be overlooked by the NBR, even a reason for concern, N...