Foreign debt of the Socialist Republic of Romania

id: foreign-debt-of-the-socialist-republic-of-romania-316-18285960
title: Foreign debt of the Socialist Republic of Romania
text: The foreign debt of the Socialist Republic of Romania were loans made by Socialist Republic of Romania under Nicolae Ceaușescu from international creditors denominated in hard currencies. These loans were used to buy technology, equipment and raw materials needed for the industrialization of the country. As oil prices increased during the 1979 energy crisis, together with the rising international interest rates, Romania found it difficult to pay it back, leading to the necessity to request the I
brand slug: wiki
category slug: encyclopedia
description:
original url: https://en.wikipedia.org/wiki/Foreign_debt_of_the_Socialist_Republic_of_Romania
date created:
date modified: 2023-03-13T19:59:29Z
main entity: {"identifier":"Q17003110","url":"https://www.wikidata.org/entity/Q17003110"}
image:
fields total: 13
integrity: 13

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