The ministry of finances (MF) has planned, in June 2024 loans from banks worth 6.2 billion lei, plus the sum of 750 million lei through supplementary sessions of non-competitive offers, related to bond actions.The total sum of 6.95 billion lei is 1.06 billion lei higher than the one programmed in May 2024, of 5.89 billion lei and it will be destined to the refinancing of the public debt and financing of the state budget deficit.According to the prospectus published in the Official Gazette, an auction will be held on 6 June for an issue of discounted treasury certificates in the amount of 600 million lei, maturing on 31 March 2025, and on 13 June an auction will be held for a similar issue of 600 million lei, maturing on 28 May 2025.According to the prospectus published by the Official Gazette, on 6th June is organized an auction will be held on 6 June for an issue of discounted treasury certificates in the amount of 600 million lei, maturing on 31 March 2025, and on 13 June an auction will be held for a similar issue of 600 million lei, maturing on 28 May 2025.Similarly, during the month of June 2024, eleven issues of bonds benchmark type worth 5 billion lei, followed the next day by a supplementary session of non-competitive offers, worth 15% of the initial value of the bond issue (750 million lei as a total).Thus, auctions were programmed for a bond issue of 200 million lei, on 10 June, a session of 300 million lei, on 17 June and nine sessions of 500 million lei on 3 June (two), 6 June, 10 June, 13 June, 17 June, 20 June and 27 June (two).
Low-cost airline Wizz Air, a major operator in Romania, announced the largest expansion of its network in the country so far for the 2025 winter season on Thursday, August 14. The expansion includes 15 new routes from all over Romania to destinations in the EU. The new routes will connect Bucharest Otopeni, Cluj-Napoca, Iași, and […]
Social and political activists within the Declic Community have contested the appointment of controversial judge Lia Savonea as president of the High Court in Romania with the Superior Council of Magistracy, or CSM. The motion to contest Savonea’s appointment is based on several irregularities in the appointment process. The legal action is supported by a […]
The official teaser for The Yellow Tie/Cravata Galbenă, a biographical drama inspired by the life of famed Romanian conductor Sergiu Celibidache, was released on Thursday, August 14. The film stars John Malkovich alongside Miranda Richardson, Ben Schnetzer, Kate Phillips, Sean Bean, Anton Lesser, and Charlie Rowe. Covering more than seven decades, the film follows Celibidache's […]
According to data from the Ministry of Education's report on the state of higher education in Romania, for the years 2022–2023, only 1,948 out of a total of 240,000 teachers in state education in Romania have completed postgraduate studies and courses. As such, only 0.8% of all teachers at the national level follow advanced forms […]
Romanian border police announced on August 13 that they had seized 473 mobile phones suspected of being counterfeit, with an estimated value exceeding RON 3 million. The discovery was made the day before, on August 12, during a routine patrol near the Nădlac border area. ...
Seven performances from the OFF Avignon Festival, one of the world's largest theater events, will be held at the International Shakespeare Festival in Craiova in 2026, following the establishment of a partnership between the two. The official launch conference of Shakespeare Of(f) Avignon, which took place at the Village du OFF, was attended by H.E. […]
