Florin Ciciu Warns: "the Public Debt Will Reach the 80% of Gdp in 2030"

romaniatv.net

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Former Prime Minister Florin Ciçu points out that, in the absence of structural reforms, Romania’s public debt will continue to grow, following reaching 80% of GDP by 2030. More, he claims that tax adjustment will be, most likely, imposed by external markets, not by the Government. Florin Ciçu’s article warns: “The public debt will reach the 80% of GDP in 2030” appears for the first time in Romania TV.

CursDeGuvernare.ro

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The extension of the electoral cycle from 2024 to June 2025 and the emergence of the budget deficit, which reached 9.3% (ESA) of GDP last year, by far the highest in Europe, has severely deteriorated the average cost of public debt, according to data published by the Ministry of Finance. Thus, the average cost of debt […] The article Interest rates have caught up with us – public debt increases only from the cost of financing. The price of the l…

larepublica.co

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The Ministry of Finance emphasized that the largest domestic debt was managed with the Treasury of the Nation, which reached $21 billion