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Ministry of Finance: Cheaper loans for the government after the announcement of austerity measures

Ministry of Finance: Cheaper loans for the government after the announcement of austerity measures
Foto: gov.ro.

Articol de Radiojurnal, 05 Iulie 2025, 19:52

The first effects of the fiscal package proposed by the government are visible on the financial markets, with borrowing costs for Romania falling, according to a post on the Ministry of Finance's Facebook page.

The Romanian Interbank Offer Rate (ROBOR) fell below 7% for the first time since the presidential elections.

Compared to the end of Tuesday, July 1, Romania was borrowing cheaper on Friday by about 3 to 15 basis points, a sign that measures to increase taxes and reduce the deficit are being accepted by investors, according to the Ministry of Finance.

Translated by: Radu Matei

Etichete : loans government
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