Ivar Kreuger was a businessman, not a "wealthy country". The collector of the debt was the company ABB, with help from the Swedish government. Romania essentially got ~$3,28 billion of their (interest free) debt written off if they in the end only paid $120 million. It was a "good deal" in the sense that they didnt have to pay more, or even the full amount.
It wouldn't have been so two-faced if OP in the next breath didn't complain about being swindled by another even poorer country.
Pretty much. The $28 million was a loan from Ivar Krueger and one of the stipulations for the loan was monopoly of the matchstick market to which Romania evidently agreed.
Considering $28 million in 1929 in todays monetary value is roughly $3.3 billion, I'd say Romania got a pretty good deal in the end.