The debt of the public administration (governmental debt) went up, in February 2024 to 841,292 billion lei, from 801,687 billion lei in the previous month, according to the data published by the ministry of finances (MF).As a percentage from GDP, the governmental debt has increased from 52,4% from 49,9% in January.In the second month of the year, the medium and long-term debt has increased at 786,851 billion lei, from 759.95 billion lei in January, and the short term one has increased at 54,441 billion lei, from 41.737 billion lei in the previous monthMost of this debt, 687.897 billion lei, was represented by government securities. Borrowings amounted to 140.163 billion lei. Debt in national currency amounted to 397.022 billion lei, debt in euro to 359.333 billion lei equivalent and debt in US dollars to 83.635 billion lei equivalent. Central government debt also reached RON 820.105 billion in February 2024, up from RON 780.874 billion in January, of which RON 765.7 billion was medium and long-term. The bulk of central government debt was contracted in lei (380.146 billion lei) and in euro (355.023 billion lei equivalent). Local government debt rose to 21.187 billion lei from 20.813 billion lei in the previous month, of which 21.149 billion lei is medium and long-term. At the same time, domestic general government debt stood at 406.344 billion lei (25.2% of GDP) in February 2024, of which 390.038 billion lei was central government debt and 16.305 billion lei local government debt. According to MF data, the general government external debt was 434.948 billion lei (27.1% of GDP), of which 430.066 billion lei was central government external debt and 4.882 billion lei local government external debt.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
