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September 17, 2021
BUSINESS

Romania must pay EUR 38.5 M

Romania must pay today EUR 38.5 M to the European Union (EU), representing interests and commission fees, from the stand-by loan taken by Romania in 2009, according to data provided by the Government of Romania, realitatea.net reports. Romania must make payments worth over EUR 1.164 bln in total this year to the International Monetary Fund (IMF), the European Union and the International Bank for Reconstruction and Development (IBRD), with EUR 188.6 M being paid in the first three months.

The payments are made to the account of the financial package granted to Romania by international creditors in 2009, whose total value is EUR 19.95 bln. The payment peak of this package will be in 2015, when the country must repay EUR 1.826 bln in total. The next payments must be made in May and amount to EUR 201.4 M

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