alephnews.ro/business/cristian-hostiuc-director-ed

The U.S. public debt poses a significant risk to global financial markets, including Romania. With a public debt of 1.194 trillion lei, 55% in foreign currency, Romania is vulnerable to rising U.S. interest rates. As refinancing costs increase, the pressure on the Romanian economy could escalate, leading to higher financing costs and a more challenging budget deficit. The situation mirrors the 2008 crisis, where Romania faced external vulnerabilities despite a stronger banking sector today. The key concern is how rising global interest rates will impact Romania's financial stability.