Romania's public administration debt (government debt) widened in July 2023 to RON 733.87 billion from RON 724.76 billion in the previous month, according to data published by the Ministry of Finance.As a percentage of the Gross Domestic Product (GDP), government debt rose to 49% from 48.4% in June 2023.In July, the medium and long-term debt increased to RON 697.32 billion, from RON 695.23 billion in June 2023, and the short-term debt increased to RON 36.55 billion from RON 29.53 billion in the previous month.The largest part of this debt, namely RON 616.69 billion, was made up of state securities. Related loans amounted to RON 104.63 billion.The debt stated in the national currency, the leu (RON), amounted to RON 350.47 billion, when stated in the single European currency, the euro, it was the equivalent of RON 309.75 billion, and when stated in the US dollar it was the equivalent of RON 72.06 billion.The debt of the central public administration at the end of July 2023 was standing at RON 715.13 billion, up from RON 706.03 billion in June, including RON 678.6 billion in the medium and long term debt. Most of the borrowings of the central administration were in RON - RON 335.79 billion - and in euros - RON 305.68 billion, equivalent.The debt of the local public administration rose to RON 18.74 billion, from RON 18.733 billion in June 2023, including RON 18.705 billion in the medium and long term debt.The internal debt of the public administration was standing at RON 354.82 billion (23.7% of GDP) in July 2023, including RON 340.77 billion the debt of the central administration and RON 14.043 billion the debt of the local administration.According to the MF data, the external debt of the public administration was RON 379.05 billion (25.3% of GDP), including RON 374.354 billion in the external debt of the central public administration and almost RON 4.7 billion in the external debt of the local public administration.
Romania's Instant Factoring announced its participation in a cross-border securitization transaction valued at up to EUR 30 million. The move, the company said, "opens a new stage of growth for both Romanian fintech and the alternative financing market in Romania and Spain." The transaction involved the establishment of a securitization fund - Instant Factoring 2025-I, […]
Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]
Former star coach Emerich Jenei, one for Romania's best, passed away on November 5, 2025, at the age of 88. He achieved the greatest performance of Romanian football: winning the European Champions Cup with Steaua București on May 7, 1986, in Seville, in the famous final against F.C. Barcelona. Emeric Alexandru Ienei (Imre Sándor Jenei) […]
Renting is steadily becoming more common in Romania, as access to credit becomes increasingly difficult. As such, even though rents traditionally tend to decrease in October, this year they have kept steadily increasing in most major cities. Traditionally, the demand for rentals increases in August and September, when students return to the major university cities. […]
Demand for logistics and industrial space in Romania reached 750,000 square meters in the first nine months of 2025, a 30% increase compared with the same period last year, according to the Romania Industrial Marketbeat Q3 2025 report by real estate consultancy company Cushman & Wakefield Echinox. If the current pace continues, the total volume […]
Documentary Mondays and Fiction Tuesdays, the programs of the Czech Center in Bucharest, return between November 10 and November 25 with screenings of six contemporary and classic European films. Documentary Mondays, the Czech Center's longest-running film program, proposes documentaries that reflect on the present, memory, trauma, and the ways in which we relate to the […]
