The Ministry of Finance has planned, in January 2023, loans from commercial banks in the amount of 4.7 billion RON, of which the sum of 645 million RON can be added through additional sessions of non-competitive offers, related to bond auctions .The total amount, of 5.345 billion RON, is 315 million RON higher than the one that was scheduled in December, of 5.03 billion RON, and will be intended for refinancing the public debt and financing the state budget deficit.According to the prospectus published in the Official Gazette, the institution scheduled, on January 9, 2023, an auction for an issue of treasury certificates with a discount, in the amount of 400 million RON, due on December 27, 2023.Also, in January, nine issues of benchmark bonds will be launched, with a total value of 4.3 billion RON, followed the next day by an additional session of non-competitive offers, with a value of 15 pct of the value initial bond issue (645 million RON in total).Thus, seven auctions were scheduled for issues of 500 million RON - on January 9, January 12 (two auctions), January 16, January 19, January 26 (two auctions) and two other auctions for issues of 400 million RON, on January 5, 2023.
Former US first lady Michelle Obama, the wife of Barack Obama, was in Bucharest on Thursday, September 18, to serve as the main guest at the second edition of the Impact Bucharest series of conferences. The former first lady spent about an hour in front of a large audience, speaking about her childhood in a […]
Czech president Petr Pavel spent a few days in Romania at the beginning of September while on holiday. According to statement by the Romanian Embassy in Prague, the Czech leader traveled mountain routes by motorcycle and chose modest accommodations. Pavel tried to see as much of what Romania had to offer. He planned his routes, […]
Romania is taking tangible action toward its green transition through sustainable infrastructure projects, public‑private partnerships and green bonds. Experts, government officials and business leaders have gathered today at the CES Bucharest ESG Conference, to present progress and identify solutions through which the public and private sectors can collaborate to build a sustainable and competitive economy. […]
Prime minister Ilie Bolojan announced that he will visit Brussels next week to talk to three European commissioners about deficits, defense, and EU financing. The first meeting will be with the commissioner for economy, Valdis Dombrovskis, as Romania “must adjust the issues related to deficits to be a trustworthy country, so as not to continue […]
A large majority of Romanians, namely 85%, have heard of celebrated composer George Enescu, according to the third edition of the Informat.ro – INSCOP Research Barometer conducted earlier this month. However, the survey shows a slight decline in cultural awareness compared to 2013, particularly among younger generations. The
The volume of trade between Romania and China was almost USD 9.3 billion in 2024, according to official statistics. Trade between the two, however, is not balanced. Romania registered a USD 7.7 billion deficit with China, and a USD 2.1 billion deficit in the first quarter of 2025 as well. The People’s Republic of China […]
