economedia.ro/cristian-popa-bnr-romania-trebuie-sa

Cristian Popa from BNR emphasized the need for Romania to focus on refinancing public debt alongside reducing the budget deficit, highlighting a significant financing requirement of 278.5 billion lei for the year. He warned that while fiscal consolidation is crucial, attention must also be given to the refinancing of maturing debts, which is often overlooked. Popa noted that Romania's public debt is substantial and requires continuous management. He pointed out the risks associated with using international reserves for debt payments, which could undermine investor confidence. The BNR supports the Ministry of Finance in these efforts but stresses the importance of maintaining credibility with international investors. Popa concluded by urging a broader discussion on public debt management to avoid potential crises.