At end-June 2024, broad money (M3) amounted to RON 684,822.8 million, down 0.7 percent (-1.0 percent în real terms) month on month. In year-on-year comparison, broad money rose by 9.7 percent (4.5 percent in real terms). At end-June 2024 loans to non-government sector granted by credit institutions increased 1.8 percent (1.6 percent in real terms) from May 2024 to RON 400,694.9 million. RON-denominated loans, representing 69.1 percent of total volume of loans to non-government sector, grew by 2.3 percent, whilst foreign currency-denominated loans, holding 30.9 percent of total loans to non-government sector, rose by 0.8 percent when expressed in RON (similar evolution when expressed in EUR). In year-on-year comparison, loans to non-government sector advanced 6.7 percent (1.7 percent in real terms), on the back of the 8.7 percent increase in RON-denominated loans (3.5 percent in real terms) and the 2.7 percent rise in foreign currency-denominated loans expressed in RON (2.4 percent when expressed in EUR). At end-June 2024,Credit to general government granted by credit institutions decreased by 1.3 percent from May 2024, to RON 211,569.5 million. In year-on-year comparison, this indicator grew by 17.6 percent (12.0 percent in real terms). Deposits of non-government resident customers went down 1.2 percent month on month to RON 585,381.6 million, while the annual growth rate was 9.8 percent (4.6 percent in real terms). RON-denominated deposits of residents, representing 70.4 percent of deposits of non government customers, declined by 1.6 percent to RON 411,946.6 million month on month. In year-on-year comparison, they advanced 13.8 percent (8.5 percent in real terms). RON-denominated household deposits increased by 1.0 percent to RON 233,394.9 million month on month and by 20.2 percent (14.5 percent in real terms) year on year RON-denominated deposits of other sectors (non-financial corporations and non-monetary financial institutions) decreased by 4.8 percent (to RON 178,551.7 million) month on month and rose by 6.5 percent (1.4 percent in real terms) year on year. Foreign currency-denominated deposits of residents, representing 29.6 percent of the total volume of deposits of non-government customers, declined by 0.2 percent against May 2024 to RON 173,435.0 million when expressed in domestic currency (similar evolution when expressed in EUR). Compared to June 2023, this indicator grew by 1.2 percent when expressed in RON (0.9 percent when expressed in EUR). Foreign currency-denominated deposits of households advanced by 0.02 percent from May 2024 to RON 120,374.5 million when expressed in RON (when expressed in EUR, these deposits increased by 0.01 percent to EUR 24,185.7 million). In year-on-year comparison, the indicator decreased by 0.1 percent when expressed in domestic currency (-0.3 percent when expressed in EUR). Foreign currency-denominated deposits of other sectors went down 0.7 percent against May 2024 to RON 53,060.5 million when expressed in RON (similar evolution when expressed in EUR). Compared to June 2023, the indicator rose by 4.2 percent when expressed in RON (3.9 percent when expressed in EUR).
The famous show "Ovo" ("egg" in Portuguese), created in 2009 by Cirque du Soleil, is scheduled for April 23–26, 2026, at BT Arena in Cluj-Napoca. So far, the classic Cirque du Soleil show has delighted over 7 million spectators in 40 different countries. Despite its age, it has been reimaged, with a new set, acrobatic […]
The state-owned group Electrica is set to list the largest green corporate bond issuance in Romania, worth EUR 500 million, on the Luxembourg and Bucharest stock exchanges. According to the company's press release, the European Investment Bank is one of the key participants in the issuance. Overall investor demand at the final price exceeded the […]
Low-cost airline Wizz Air announced a major expansion of its operations in Bucharest, adding a second aircraft to its base at Băneasa Airport starting this October. The airline will relocate nine routes from Otopeni to Băneasa, five of which will be operated exclusively from the secondary airport. At the same time, six new routes will […]
The annual inflation rate in Romania rose to 5.7% in June, up from 5.45% in May, according to data published on Friday, July 11, by the National Institute of Statistics. It is the highest level this year. The consumer price index, compared to May, was 0.45%. The inflation rate from the beginning of the year, […]
A taxi driver who refused to pick up a passenger at Bucharest’s Henri Coandă International Airport on Thursday night, citing the rule that prohibits the second car in line from leaving the queue, was fined and had his professional license suspended, according to the Romanian Police. Local news channel Digi24...
Local authorities in Buzău County, in the south-east of Romania, announced the opening for traffic of the new bridge over the Buzău River on Friday, July 11. At over 1.3 km in length, it is the second-longest road bridge in the country and is part of the Lot 1 Buzău – Vadu Pașii of the […]
