On January 31, 2025, the National Bank of Romania's (BNR) foreign exchange reserves stood at EUR 60,837 million, as against EUR 62,135 million on December 31, 2024, BNR reported on Monday.During the month, there were EUR 2,716 million worth of inflows representing changes in credit institutions' foreign currency-denominated required reserves with the NBR; inflows into the Ministry of Finance's accounts; inflows into the European Commission's account and other.Also, EUR 4,014 million worth of outflows representing changes in credit institutions' foreign currency-denominated required reserves with the NBR; interest payments and principal repayments on foreign currency public debt and other.The gold stock remained steady at 103.6 tonnes. However, following the change in the international price of gold, its value amounted to EUR 8,973 million.As of January 31, 2025, Romania's international reserves (foreign currencies and gold) stood at EUR 69,810 million, as against EUR 70,491 million on 31 December 2024.In February 2025, the payments due on the foreign currency-denominated public and publicly guaranteed debt amount to approximately EUR 543 million.
Astra Film International Documentary Festival has officially opened registrations for the 2025 edition. In addition, the organizers have announced the introduction of a new competitive section this year: Short Film. This year, the festival will take place in Sibiu from October 19 to 26. Filmmakers from around the world can submit their documentaries until April […]
Soarele Moldovei. Inceputul (Moldavian Sun: The Beginning), a Romanian production presenting the childhood of 15th-century Moldavian ruler Ștefan cel Mare (Stephen the Great), is available for streaming worldwide at soarelemoldovei.ro. For every purchase of the film, produced by Razem Pictures, 5% of the price is
On the occasion of the Constantin Brâncuși National Day on February 19, the Romanian Cultural Institute (ICR) in New York will host The Brâncuși Month in New York, a series of events marking 149 years since the birth of the iconic sculptor. The program, running from February 7 to 21 at the institute's Midtown Manhattan […]
Homing Properties, a real estate developer specializing in mid- to high-end residential projects, has announced the receipt of the construction permit for its large-scale project, Homing Village. Located in the northern part of the capital, in the Pipera area, this residential complex will include 140 luxury villas and represents an investment of 35 million euros. […]
General mayor Nicușor Dan announced the public consultation of a draft decision approving the Bucharest Velo Master Plan, a strategic document aimed at developing the cycling infrastructure network over the next decade. The plan envisions a major network of 150 km of bike lanes and a secondary network of 415 km by 2035. The document […]
Lion’s Head Investments has entered the Romanian logistics market with the acquisition of a 155,000 sqm land plot in Popești-Leordeni, near Bucharest. The company, a joint venture between AG Capital and Old Mutual Property, plans to develop an 85,000 sqm logistics park on the site, with construction set to begin in the first half of […]
