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Eurostat: Financial corporations held almost half of Romania's government debt last year

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Financial corporations held almost half (49.8 pct) of Romania's government debt last year, while non-residents accounted for 46.3 percent and resident non-financial entities for 3.9 percent thereof, shows data released on Monday by the EU statistical office Eurostat.

Significant differences were noticeable in 2019 across the EU regarding the sector that held government debt. The highest share of public debt held by non-residents was recorded last year in Cyprus (80 pct), followed by Lithuania (76 pct), Latvia (74 pct) and Estonia (70 pct). By contrast, the highest proportion of the government

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