Arrears of the general consilidated budget went up by 8.83% in November 2023, compared to the previous month, to 326.63 million lei from 300.13 million lei in October, according to data published on the Finance Ministry website. Arrears of over 90 days went up by 7.17% from 103.2 million lei to 110.6 million lei, those over 120 days went up by 12.5% from 138.5 million lei in October 2023 to 155.9 million lei in November 2023. Arrears over 360 days went up by 2.9% from 58.5 million lei to 60.2 million lei. According to the source mentioned, in the case of local budgetsm arrears went up by 9.6% from 277.96 million lei (in October 2023) to 304.86 million lei (in November 2023). Debts of over 90 days went up by 9.63%, to 107 million lei, those over 120 days grew by 12.4% to 147.7 million lei, while arrears higher than 360 days went up by 2.65%, to 50.2 million lei. For the chapter “State and autonomous budgets”arrears dropped from 22.17 million lei in October 2023 to 21.78 million lei in November 2023 (-1.76%). Arrears over 90 days dropped by 34.55%, to 3.6 million lei, those of over 120 days went up by 17.14%, to 8.2 million lei and those higher than 360 days went up by 4.16% , to 10 million lei.
Digitail, a provider of AI-powered practice management software for veterinary clinics, has raised USD 23 million in a series B funding led by Five Elms Capital. Existing investors Atomico, Partech, Byfounders, Gradient, and others also participated. This brings the company's total investment to over USD 37 million. The investment will enable Digitail to accelerate product […]
President Nicușor Dan intervened in the conflict sparked between recently-appointed deputy prime minister Oana Gheorghiu and the Superior Council of Magistracy, or CSM. The latter filed a criminal complaint against the former, after Gheorghiu stated that the magistrates’ pensions have to be cut. Specifically, Oana Gheorghiu stated during an interview on Digi24 that she understands […]
Romania’s former head of the Environmental Guard, Octavian Berceanu, has claimed he was offered a EUR 10 million bribe to intervene in a defense-related commercial deal, he revealed in an interview with Europa FM. According to Berceanu, the offer came...
Romania’s automobile output declined by 2.7% year-on-year in the first ten months of 2025 to 453,955 units, according to data published by the Romanian Automobile Manufacturers Association (ACAROM). Of the total, 245,765 cars were produced at Automobile Dacia’s Mioveni plant, marking a 5% decrease compared to the same period in 2024. Production at Ford Otosan’s […]
The Government intends to submit a new disbursement request for an amount exceeding EUR 2.5 billion in grants under the Resilience Facility by the end of November, prime minister Ilie Bolojan announced in a Facebook post, as cited by G4media...
Romania’s trade in goods posted a EUR 7.75 billion deficit in Q3, 7.6% smaller compared to the same period in 2024, according to data published by the statistics office INS. The trade gap expanded by 10.9% year-over-year (y/y) to EUR 16.7 billion in H1. It is still premature to conclude that fiscal consolidation has a […]
