Romania’s public government debt has not only increased very fast recently, but it has also been burdened by
increasing costs which have affected its sustainability degree. As can be noticed from the data presented in Table 3,
the annual debt service increased from 10.4 bn lei in 2007 (2.6% of GDP) to 64.3 bn lei in 2012 (about 11% of
GDP). Compared to the budgetary revenues, the amount of the debt service has increased from 7% in 2007 to about
1/3 in 2012. In the last years, about 15% of the total annual public debt service consisted of interests and
commissions, which came to be almost 2% of GDP in the year 2012