Antena 3 CNN Business What Victor Ponta is not telling about the public debt

What Victor Ponta is not telling about the public debt

What Victor Ponta is not telling about the public debt
12 Oct 2015   •   16:36

Prime Minister Victor Ponta has omitted to talk about how indebted the state has become, but boasts with the lowering of external debt due to the arrears paid out by private companies, Professor Dan Voiculescu says.

"Victor Ponta states that Romania’s external debt dropped to 8,4 billion dollars.

What Ponta forgets to mentions is that the external debt raised in the same period by 9 billion dollars.

And that without the loan contracted from IMF.
Conclusion: The private sector has settled its external debts while the public sector has deepen its debt, " Dan Voiculescu writes on his blog.

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