The government debt rose in November 2024 to 936.995 billion lei , from 931.186 billion lei the previous month, according to data released by the Finance Ministry. As GDP percentage, the government debt grew to 54.3% frm 54% in October (according to INS press release of December 6, 2024). In November 2024, the average and long term debt dropped to 866.272 billion lei, from 869.216 billion lei in October, while the short term debt grew to 70.723 billion lei, from 61.97 billion lei the previous month. The largest part of that debt, that is 772.92 billion lei represented state bonds. Loans amounted to 143.423 billion lei. The debt in lei amounted to 446.828 billion lei, the one in euro was 391.016 billion lei, while the debt in US dollars was 96.938 billion lei. The central public administration debt was in November 2024, 914.053 billion lei, on the rise from 908.315 billion lei on the average and long term. Most of the central administration debt was contracted in lei (428.861 billion lei) and euro (386.041 billion lei). The local public administration debt was 22.94 billion lei, from 22.87 billion lei, the previous month, of which 22.89 billion lei on average and long term. At the same time, the domestic debt of the public administration was 463.77 billion lei in November 2024 (455.713 billion lei in October), that is 26.9% of GDP (26.4% of GDP in October 2024), of which 445.906 billion lei the debt of central public administration and 17.864 billion lei the local public administration. According to Finance Ministry data, the foreign debt of he public administration was 473.225 billion lei (475.473 billion lei the previous month), that is 27.4% of GDP (27.6% of GDP the previous month), of which 468.147 billion lei was the central public administration debt and 5.078 billion lei the foreign debt of the local public administration.
Some dinners are eaten. Others are remembered. At Corinthia Grand Hotel du Boulevard, the past few months have unfolded like a quiet culinary opera. One by one, Europe’s most celebrated chefs arrived, took over the kitchen of Boulevard 73 and left behind more than menus; they left stories. Now, on December 4, the curtain falls. […]
HORIZON CITY, a €130 million residential project, is emerging as one of the most solid and forward-thinking developments in the Pipera area—both through its scale and through the modern direction it sets for the new residential standards in the north. Developed across nearly 23,000 sqm, with 699 apartments and 926 parking spaces, the project brings […]
Romania’s National Forest Administration, or Romsilva, announced that it is putting over 16,000 Christmas trees up for sale over the winter in a press release published on Thursday, November 27. The trees can be purchased directly from the offices of the forestry districts. Prices range between RON 17 (EUR 3.3) for a spruce...
Lot 3 Pietroasele–Buzău of Romania's A7 highway, also known as the Moldova highway, was inaugurated on Thursday, November 27. The newly inaugurated segment is 13.9 km long. The A7 connects Romania’s historic regions of Muntenia, the southern part of the country, with Moldova, the eastern part. “We are opening another 13 km of the Moldova Motorway […]
The City Hall of Sinaia, a popular mountain town roughly 120 km north of Bucharest, announced that a new attraction, the alpine coaster on Pârtia Nouă, will officially open on December 1. The installation, located in the ski area near the Sinaia Gondola, features what the authorities say is the longest track of its kind […]
The Romanian national team debuted with a victory in Group A of the Women’s Handball World Championship, organized in the Netherlands and Germany. Romania won 33–24 (13–12) against Croatia in the Ahoy Arena in Rotterdam on Thursday, November 27. The Romanian team dominated the match in the second half, left backer Sorina-Maria Grozav scoring 7 […]
