The public administration debt (government debt) stood at 552.385 billion lei at the end of the first ten months of 2021, down from 556.362 billion lei in September, according to the data centralized by the Ministry of Finance.In terms of GDP, the public debt accounted for 48.2pct of GDP at the end of October (48.5pct of GDP at the end of September 2021).The medium and long term debt amounted to 531.070 billion lei, and the short term debt to 21.314 billion lei.Most of this debt, approximately 469.29 billion lei, represented government securities. The loans amounted to 73.809 billion lei.An amount of 252.016 billion lei represented the government debt in lei, 255.957 billion lei represented the government debt in euros and 42.914 billion lei represented the equivalent debt in US dollars.At the end of October, the debt of the central public administration amounted to 536.367 billion lei, of which 515.079 billion lei represented the medium and long term debt. Most of the central government debt was contracted in euros (251.956 billion lei, equivalent) and in lei (240.001 billion lei).The debt of the local public administration amounted to 16.017 billion lei, of which 15,991 billion lei in the medium and long term.According to the Ministry of Public Finance, the external debt of the public administration accounted for 279.23 billion lei (24.4pct of GDP), of which 274.543 billion lei represented the external debt of the central public administration and 4.666 billion lei represented the external debt of the local public administration.
“Little London” Theoretical High School, a private educational institution in Romania that values the Romanian educational system, has started construction work for the expansion of its school campus located in Voluntari, on Erou Iancu Nicolae Street. This initiative will increase high school capacity by 30% starting from the 2025-2026 academic year. In this context, the […]
British heavy metal band Iron Maiden will perform at Bucharest’s National Arena on May 28, 2026, as part of their “Run For Your Lives” anniversary world tour, promoter Emagic announced on Thursday, September 18. The concert will feature a career-spanning setlist highlighting defining moments from the group’s five-decade history, accompanied by what organizers described as […]
Three-quarters of Romanians believe that the war in Ukraine affects Romania to a very great and fairly great extent, according to the third edition of the Informat.ro barometer by INSCOP Research, carried out between September 1 and 9. The monthly survey, which aims to bring to public attention topics of interest, shows that “opinions are […]
Daniela Schoppmeyer, the majority shareholder and general manager of Faberrom, a company that took over in the 1990s most of the spaces of the former APACA clothing factory in western Bucharest, is the new owner of half of the emblematic Scala residential block, on Magheru Boulevard, Profit.ro reported. Schoppmeyer...
The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18. CMPB reported a net profit of RON 28.3 million for January–June […]
Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]
