Long-term external debt amounted to EUR 182.2 billion at July 31, accounting for 77.6% of total external debt and increasing by 1.1% compared with the end of 2025. Short-term external debt rose by a much faster 9.4%, to EUR 52.7 billion, or 22.4% of the total.<\/p>\n
The increase in short-term debt was accompanied by a deterioration in its coverage by the central bank\u2019s foreign exchange reserves. The coverage ratio, calculated at residual maturity, fell to 91.4% at the end of July from 104.4% at the end of 2025.<\/p>\n
The long-term external debt service ratio stood at 15.7% in January-July 2026, down from 18.4% for full-year 2025. Meanwhile, the foreign exchange reserves covered 5.7 months of imports of goods and services at the end of July, compared with 6.0 months at the end of 2025.<\/p>\n
Romania\u2019s balance-of-payments current account deficit reached EUR 16.3 billion in January-July 2026, up from EUR 15.70 billion in the same period of 2025.<\/p>\n
Overall, the external position has deteriorated moderately so far in 2026, with the increase in gross external debt concentrated to a significant extent in short-term liabilities. The decline in short-term debt coverage below 100% is worth monitoring, although Romania still retains a substantial level of foreign exchange reserves and a relatively high import-cover ratio.<\/em><\/p>","protected":false},"excerpt":{"rendered":" Long-term external debt amounted to EUR 182.2 billion at July 31, accounting for 77.6% of total external debt and increasing by 1.1% compared with the end of 2025. Short-term external debt rose by a much faster 9.4%, to EUR 52.7 billion, or 22.4% of the total. The increase in short-term debt was accompanied by a […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12028","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/12028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12028"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/12028\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}