All you need to know about the Balkans
In English

Payment peak in September for Romania: EUR 1.17bn to the EU and WB

Payment peak in September for Romania: EUR 1.17bn to the EU and WB
Romania has to pay more than EUR 1.179 billion in September to the European Union (EU) and the World Bank (WB) from the stand-by loan contracted in 2009, according to the figures provided by the Ministry of Public Finance (MFP), capital.ro informs.

Most of the amount must be reimbursed to the European Union, i.e. over EUR 1,177 million and EUR 2.4 million to the WB. The amount to the EU represents capital instalments of EUR 1.15 billion, the rest being interest and commissions. To the World Bank, the EUR 2.4 million represent interests and commissions.

In 2016, Romania paid EUR 113 million to the EU and the World Bank. Most of the amount was reimbursed to the European Union, namely EUR 104 million. The World Bank received EUR 9.1 million.

Until 2023, Romania has to pay more than EUR 4.7 billion to the World Bank and the EU. The largest amount will go to the EU, namely EUR 3.71 billion./IBNA

Source: romaniajournal.ro

Share with your friends: