I doubt there is somebody doubting Romania's capacity to reimbrse public debt, National Central Bank governor Mugur Isarescu declared. He underlined that the biggest increase since 2000 was reigstered in the private foreign debt sector. Isarescu added that the foreign currency reserve of the central bank exceeds demand.
Here are his main declarations
Romania's net debt is 55 billion euro and 9 billion of the debt pertains to the central bank
the IMF money went also in the decrease of minimum mandatory reserves
the international reserve increased by 8 billion euro since the begining of the crisis
Romania's international reserve amounts to 3.3 billion euro. About 11 billion will be the country's money
The public debt on the short term is small
The real sector, 9.9 billion euro short term debt
50% of Romania's active population took up credits from banks - 4.5 million people and it is not just about real estate credits
I doubt there is somebody doubting Romania's capacity to reimbrse public debt, National Central Bank governor Mugur Isarescu declared. He underlined that the biggest increase since 2000 was reigstered in the private foreign debt sector. Isarescu added that the foreign currency reserve of the central bank exceeds demand.
Here are his main declarations
Romania's net debt is 55 billion euro and 9 billion of the debt pertains to the central bank
the IMF money went also in the decrease of minimum mandatory reserves
the international reserve increased by 8 billion euro since the begining of the crisis
Romania's international reserve amounts to 3.3 billion euro. About 11 billion will be the country's money
The public debt on the short term is small
The real sector, 9.9 billion euro short term debt @N