Evolutions of Romania's Foreign Debt and Its Consequences

Gust Marius (), Ciochinã Iuliana () and Grigorescu Sorin ()
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Gust Marius: Constantin Brancoveanu" University of Piteºti
Ciochinã Iuliana: Constantin Brancoveanu" University of Piteºti
Grigorescu Sorin: Constantin Brancoveanu" University of Piteºti

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 2, 1164-1169

Abstract: Romania was confronted in recent years with an unprecedented increase of indebtedness, be it private or public ones, leading to historical highs. Unfortunately, excessive leverage in recent years has multiple effects, some are present already other latent, but many of these will have manifestations in the near future or distant one.

Keywords: debt; debt service; currency reserves. (search for similar items in EconPapers)
JEL-codes: G21 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:2:p:1164-1169

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