The public debt stock is an indicator of high interest at the macroeconomic level and regulated within the European Union by the Maastricht Treaty, which provides a level of public debt of at most 60% of GDP. Romania, as a member state of the EU, must fit this percentage. This article analyzes the evolution of public debt in our country in terms of dynamics and structure for the period 2000-2018. The evolution of governmental and local public debt, as well as the service of governmental public debt and the differences between the public debt determined according to the EU methodology and the one determined according to the national methodology is highlighted. Finally, we will draw some conclusions regarding the evolution of the public debt and its sustainability

Dalian Marius Doran, Roxana Maria Bä‚dãžrcea, Alina Georgiana Manta and Nicoleta Mihaela Florea
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Dalian Marius Doran: University of Craiova, Faculty of Economics and Business Administration
Roxana Maria Bä‚dãžrcea: University of Craiova, Faculty of Economics and Business Administration
Alina Georgiana Manta: University of Craiova, Faculty of Economics and Business Administration
Nicoleta Mihaela Florea: University of Craiova, Faculty of Economics and Business Administration

Finante - provocarile viitorului (Finance - Challenges of the Future), 2019, vol. 1, issue 21, 46-53

Keywords: public debt; government bonds; public debt crisis; public loan. (search for similar items in EconPapers)
JEL-codes: H62 H68 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2019:i:21:p:46-53

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