The government debt as of end-November 2021 was RON 557.886 billion, up from RON 552.385 billion in the previous month, shows data centralized by the Finance Ministry and processed according to the EU methodology.The government debt-to-GDP ratio was 48.7 percent at the end of November (48.2 percent of GDP at the end of October 2021).The medium- and long-term debt stood at RON 536.067 billion, while the short-term debt was RON 21.819 billion.Government securities account for the bulk of this amount - specifically RON 473.858 billion, while loans total RON 73.968 billion.RON 257.288 billion of the government debt was in local currency, as much as RON 254.764 billion is denominated in euros and RON 44.289 billion is the equivalent of debt in US dollars.At the end of November, the central public administration accounted for RON 541.823 billion of the public debt, of which RON 520.032 due in the medium and long term. The bulk of the central government debt is in euros (the equivalent of RON 250.794 billion) and in RON (245.198 billion).The local public administration accounts for RON 16.062 billion of the government debt, with RON 16.034 billion in the medium and long term.According to the Public Finance Ministry, the public administration's foreign debt was RON 283.947 billion (24.8 percent of GDP), of which the central public administration accounts for RON 279.292 billion and the local public administration for RON 4.654 billion.
“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 […]
