The Board of the National Bank of Romania (BNR), which met on April 5, 2022, decided to increase the monetary policy rate to 3.00 percent per annum, from 2.50 percent per annum, as of 6 April 2022, and to maintain the firm control over money market liquidity, informs the central bank."The Board of the National Bank of Romania, having convened for the meeting of 5 April 2022, decided: to increase the monetary policy rate to 3.00 percent per annum, from 2.50 percent per annum, as of 6 April 2022; to raise the lending (Lombard) facility rate to 4.00 percent per annum from 3.50 percent per annum and the deposit facility rate to 2.00 percent per annum from 1.50 percent per annum, as of 6 April 2022; to maintain firm control over money market liquidity," reads the abovementioned press release.At the same time, the representatives of the BNR Board decided to keep the existing levels of minimum reserve requirement ratios on both leu- and foreign currency-denominated liabilities of credit institutions.
The German Air Force officially assumed its role in NATO’s Enhanced Air Policing South (eAPS) mission in Romania on August 13, during a certification ceremony held at Mihail Kogălniceanu Air Base near the city of Constanța. The event was attended by representatives from the Romanian Air Force, NATO's Allied Air Command (AIRCOM), and the German […]
Just minutes away from Turda Salt Mine, ISSA Resort officially opened its doors yesterday, August 11, 2025, marking a milestone as one of Romania’s flagship hospitality projects. This five-star retreat is an integral part of the 70-hectar ISSA Estate, where guests can indulge in exceptional equestrian, wine, culinary, sports, and leisure experiences. The estate encompasses […]
Romanian border police and customs officials have seized over EUR 4 million worth of smuggled cigarettes hidden inside a shipping container at Constanța South Agigea Port. The bust, which uncovered more than 15 million undeclared cigarettes, is one of the largest recorded this year. The container, which arrived from the United Arab Emirates and was […]
Smokers in Cluj-Napoca will now have fewer public spaces to light up as a new municipal regulation officially bans smoking in all public transport stations, city parks, and sports facilities owned by the municipality. The measure, which came into effect on Wednesday, August 13, applies not only to traditional cigarettes but also to heated tobacco […]
Airline AnimaWings is set to launch new direct flights to Istanbul from Bucharest, Iași, Cluj, Timișoara, and Craiova, starting in October 2025. The new routes complement the network already announced at the beginning of summer, which includes flights to Istanbul, a first for Romania, from Timișoara and Craiova, expanding Romania’s regional connectivity with one of […]
The summer sled track in Romanian mountain resort town of Predeal will be inaugurated by the end of August, after obtaining the necessary approvals. The track, located in the Clăbucet slope area of Predeal, is 822 meters long and has 22 sleds. The investment amounted to EUR 1.3 million and the new track features a […]
