More than 200,000 Romanians are over 30 days late on bank loans, according to data from the Romanian Credit Risk Bureau.
At the end of May Romanians were over €20bn in debt, of which €1.1bn is considered to be late in payment.
The level of overdue loans went up ten-fold compared to the same period in 2008, while the number of people who are more than a month late with their payments has doubled.