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|28 December 2017, 5:58 PM|
By Emea Riga
Romania paid 1.263 billion euro in 2017 to the European Union and World Bank as part of the stand-by loan contracted in 2009, with the amount representing capital ratios, interest rates and fees, according to data reported by the Ministry of Public Finance (MFP).
Most part of the money is already paid back to the European Union, 1.254 billions euro respectively.
Romania still needs to pay more than 3.5 billions euro to the World Bank and EU by 2023. The largest part of this amount will go to the EU, 2.46 billions euro.
The total amount paid back to the three institutions (including here the International Monetary Fund) so far exceeded 6.21 billions euro over 2009-2017.
Romania is a member of the International Monetary Fund (IMF) since 1972, with a participation quota of 1.030 billions SDR (0.43% of the total quota).
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