At end-May 2025, broad money (M3) amounted to RON 749,940.4 million, up 0.9 percent month on month, the Central Bank (BNR) informs. In year-on-year comparison, broad money rose by 8.7 percent (3.1 percent in real terms). At end-May 2025, loans to non-government sector granted by credit institutions increased 1.5 percent (1.0 percent in real terms) from April 2025 to RON 431,750.4 million. RON-denominated loans, representing 69.8 percent of total volume of loans to non-government sector, grew by 1.0 percent, whilst foreign currency-denominated loans, holding 30.2 percent of total loans to non-government sector, picked up by 2.6 percent when expressed in RON (0.8 percent when expressed in EUR). In year-on-year comparison, loans to non-government sector advanced 9.7 percent (4.0 percent in real terms), on the back of the 11.3 percent increase in RON-denominated loans (5.6 percent in real terms) and the 6.2 percent rise in foreign currency-denominated loans expressed in RON (4.3 percent when expressed in EUR). At end-May 2025, credit to general governement granted by credit institutions increased 3.4 percent from April 2025, to RON 260,402.1 million. In year-on-year comparison, this indicator grew by 21.5 percent (15.2 percent in real terms). Deposits of non-government resident customers rose by 0.8 percent month on month to RON 634,418.3 million, while the annual growth rate was 7.1 percent (1.6 percent in real terms). RON-denominated deposits of residents, representing 67.6 percent of deposits of non government customers, decreased 2.4 percent to RON 428,899.3 million month on month. In year-on-year comparison, they advanced 2.5 percent (-2.8 percent in real terms). RON-denominated household deposits decreased 2.9 percent to RON 249,518.4 million month on month and grew by 8.0 percent (2.4 percent in real terms) year on year. RON-denominated deposits of other sectors (non-financial corporations and non-monetary financial institutions) went down 1.8 percent (to RON 179,381.0 million) month on month and 4.3 percent (-9.3 percent in real terms) year on year. Foreign currency-denominated deposits of residents, representing 32.4 percent of the total volume of deposits of non-government customers, increased 8.2 percent against April 2025 to RON 205,518.9 million when expressed in domestic currency (when expressed in EUR, these deposits rose by 6.3 percent to EUR 40,585.1 million). Compared to May 2024, this indicator grew by 18.3 percent when expressed in RON (16.2 percent when expressed in EUR). Foreign currency-denominated deposits of households advanced 6.6 percent from April 2025 to RON 138,336.0 million when expressed in domestic currency (when expressed in EUR, these deposits rose by 4.8 percent to EUR 27,318.1 million). In year-on-year comparison, the indicator increased 14.9 percent when expressed in RON (13.0 percent when expressed in EUR). Foreign currency-denominated deposits of other sectors picked up by 11.6 percent against April 2025 to RON 67,182.9 million when expressed in domestic currency (when expressed in EUR, these deposits increased by 9.7 percent to EUR 13,267.0 million). Compared to May 2024, the indicator rose by 25.8 percent when expressed in RON (23.6 percent when expressed in EUR).
NOCA (New Oradea Contemporary Art), a hub for to contemporary visual art, is set to open next month in Oradea, in northwestern Romania. It is meant as a "cultural lab dedicated to meetings between modern and contemporary art, multidisciplinary practices and events, and established and emerging artists." The center was founded by Oradea City Hall […]
Representatives from across the Romanian diaspora and officials from Romania and the United States will take part in this year’s Romanian Community Summit 2025 (RoSummit 2025), set to take place in Chicago on September 20. The event is organized through a partnership of the Romanian-American community in Chicago and other diaspora organizations. It will focus […]
Via Transilvanica, the long-distance trail stretching between Putna, in northern Romania, to Drobeta Turnu Severin, in the southern part of the country, could receive funding of EUR 6 – 7 million from the European Economic Area (EEA) and Norway Grants 2021-2028, Investments and European Funds minister Dragoș Pîslaru told
Romania has chosen Teodora Ana Mihai’s Jaful Secolului/Traffic as its official entry for the Best International Feature Film category at the 2026 Academy Awards. Starring Anamaria Vartolomei, Rareș Andrici, and Ionuț Niculae, the movie will be released in Romanian cinemas on September 23. The film, written by Palme d’Or winner Cristian Mungiu and directed by Mihai, […]
President Nicușor Dan and defense minister Ionuț Moșteanu said on Wednesday, September 10, that Romania stands in full solidarity with Poland after Russian drones crossed into its airspace overnight, calling the incident an unacceptable violation of a NATO ally's sovereignty and a dangerous escalation. The Polish military shot down the drones,
Bucharest is emerging as one of Europe’s most attractive locations for Global Capability Centres (GCCs) as multinational companies seek lower costs and skilled talent amid tight labor markets in Western economies, according to a new study by Savills and CoreNet Global. The Romanian capital ranked 14th among 27 global GCC destinations for office costs, averaging […]
