Public administration debt (government debt) rose in August 2025 to 1,084.25 billion lei, up from 1,070.18 billion lei in the previous month, according to data published by the Ministry of Finance (MF).As a percentage of GDP, government debt increased to 59.7%, from 58.9% in July (GDP according to the INS release of 10 October 2025).In August 2025, medium and long-term debt rose to 1,021.5 billion lei, from 1,004.9 billion lei in July 2025, while short-term debt fell to 63.1 billion lei, from 65.19 billion lei in the previous month.Most of this debt, namely 885.958 billion lei, consisted of government securities. Loans amounted to 175.48 billion lei.Debt in the national currency stood at 495.4 billion lei, debt in euro at the equivalent of 476.2 billion lei and debt in US dollars at the equivalent of 110.6 billion lei.According to data from the Ministry of Finance, in August the central public administration debt increased to 1,059.5 billion lei, from 1,046 billion lei in July 2025, of which 996.44 billion lei was medium and long-term debt. Most of the central administration debt was contracted in lei (476.06 billion lei) and in euro (the equivalent of 470.8 billion lei).Local public administration debt rose to 24.734 billion lei, from 24.175 billion lei in the previous month, of which 24.7 billion lei was medium and long-term debt.Also, in the eighth month of this year, public administration domestic debt amounted to 529.57 billion lei (523.11 billion lei in July 2025), or 29.2% of GDP (28.8% of GDP in the previous month), of which around 510 billion lei was central administration debt and 19.58 billion lei local administration debt.According to the same source, public administration external debt totalled 554.68 billion lei (547.06 billion lei in the previous month), or 30.6% of GDP (30.1% of GDP in July 2025), of which 549.5 billion lei was central public administration external debt and 5.155 billion lei local public administration external debt.
The fund Cultura Face Bine, a national funding mechanism for cultural projects backed by private-sector financing, will begin supporting local cultural organizations in 2026. The fund aims to support grassroots cultural initiatives with a proven impact in their communities and which need resources to continue, develop, or transform their activities. The funding mechanism has been […]
The European Commission (EC) announced on Thursday, December 11, that it is referring Romania to the Court of Justice of the European Union (CJEU) for failing to meet obligations under Ambient Air Quality Directives. According to the Commission, Romania has not ensured that its national air quality monitoring network complies with legally required standards on […]
The Bucharest Court of Appeal (CAB) held an unprecedented press conference on Thursday, December 11, in response to allegations raised in a recent media investigation published by Recorder, with court president Liana Arsenie firmly rejecting the claims. However, at the start of the press event, a judge from within the institution publicly stated that the […]
Romania’s Superior Council of Magistracy (CSM) issued its first response to the Recorder documentary alleging systemic manipulation within the justice system, calling the investigation an amplification of a “campaign to destabilize judicial authority.” The council said on Thursday, December 11, that it will evaluate what measures need to be taken following the report. In a […]
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]
The Buzău Land UNESCO Global Geopark in Romania has become a “living laboratory” this week as a team of American researchers arrived to study microorganisms capable of surviving in extreme environments. The scientists, part of the interdisciplinary research organisation The Two Frontiers Project, are examining methane seeps, sulfur and petroleum springs, saline sources, and other […]
