Romanian government's debt increased to 602.871 billion lei in April 2022 from 593.972 billion lei in March 2022, according to data with the Ministry of Finance (MF).Relative to GDP, the government debt rose to 49.2% from 48.4% at the end of March.Medium and long-term debt increased in April to 582.983 billion lei, while the short-term debt decreased to 19.888 billion lei.Most of the debt, or 498.646 billion lei, is in the form of government securities. Loans amounted to 94.522 billion lei.As much as 264.98 billion lei was government debt denominated in lei, 288.915 billion lei was government debt denominated in euros and 47.592 billion lei US dollar debt.At the end of April, the national government debt amounted to 585.44 billion lei, 565.566 billion lei of which in medium and long-term debt. Most of the debt was euro denominated (284.787 billion lei equivalent) and in lei (251.677 billion lei).At the end of April, the debt of the local public administration amounted to 17.431 billion lei, of which 17.417 billion lei in medium and long-term debt.According to the MF data, Romania's external debt was 307.088 billion lei (25% of GDP), of which 302.207 billion held by the central public administration and 4.881 billion lei by the local public administration.
More than 680 houses in Suceava country and 170 houses in Neamţ county were impacted in the flash floods that hit northeastern Romania at the end of last week. Forty-one houses were completely destroyed, Raed Arafat, the head of the Department for Emergency Situations (DSU), announced on Friday, August 1. Three people were killed in […]
Romanian justice minister Radu Marinescu said on Thursday, July 31, that harsher penalties are being considered for violence against women and domestic violence, including the criminalization of femicide. The minister said that Romania currently has legislation that is fairly adequate, in line with European standards, for combating violence, including domestic violence. He also said that […]
Via Transilvanica, the long-distance trail that crosses the country, will apply to be the first accredited long-distance route in Romania after the government issued the methodological norms regulating the hiking trails of national interest. Tășuleasa Social, the non-profit that developed the trail, called the recently issued norms "a huge step that transforms a bold idea into...
Former prime minister and Social Democratic leader Marcel Ciolacu stated that he does not rule out a candidacy for the presidency of the Buzău County Council, after rumors to that end. PSD Buzău president Romeo Lungu had previously told journalists that discussions are underway for the former prime minister to run for the Buzău County […]
The Balneo-Physiotherapy Clinic in the Călimănești resort town, southern Romania, will undergo rehabilitation with a EUR 10 million financing from the European Union, according to representatives of the Vâlcea County Council. The project implementation period will be 24 months from the completion of the tender for the execution of the works, which include, in addition […]
Bringo, the first personal shopper-based rapid grocery delivery service in Romania, handling over 4,000 daily orders in more than 35 cities, launches a loyalty program that turns shopping into a continuous reward experience. "Beyond functional benefits like discounts, free delivery, or double refunds for SGR packaging collected right at your doorstep, Bringo YOU offers a […]
