Romania’s foreign debt increased by 1.1% in the first two months of the year to 91.79 billion euro 

Romania’s foreign debt rose to 91.79 billion euro after the first months of the year with almost 1 billion euro more than last year, Romania’s National Central Bank data shows. The long term and medium foreign debt is 72.86 billion euro, a 1.1% higher than the debt registered in December 2010.

The short term debt increased to 18.93 billion euro. Public direct debt, which includes foreign loans contracted by the Finance ministry and local authorities, dropped steadily in the first two months to 15.7 billion euro. The IMF loan increased from 9.08 billion euro to 9.83 billion euro.