At end-January 2024, broad money (M3) amounted to RON 668,960.7 million, up 0.2 percent ( -0.9 percent în real terms) month on month. In year-on-year comparison, broad money rose by 10.8 percent (3.2 percent in real terms). At end-January 2024, broad money (M3) amounted to RON 668,960.7 million, up 0.2 percent ( -0.9 percent în real terms) month on month. In year-on-year comparison, broad money rose by 10.8 percent (3.2 percent in real terms). Credi to general government grew by 1.9 percent in January 2024 from the previous month, to RON 200,258.2 million. In year-on-year comparison, this indicator increased by 13.7 percent (5.8 percent in real terms). Deposits of non-government resident customers rose by 0.1 percent month on month to RON 574,679.1 million, while the annual growth rate was 11.9 percent (4.2 percent in real terms). RON-denominated deposits of residents, representing 69.7 percent of deposits of non government customers, decreased by 0.2 percent to RON 400,833.7 million month on month. In year-on-year comparison, they advanced by 18.4 percent (10.3 percent in real terms). RON-denominated household deposits increased by 0.9 percent to RON 220,229.9 million month on month and by 22.7 percent (14.3 percent in real terms) year on year. RON-denominated deposits of other sectors (non-financial corporations and non-monetary financial institutions) decreased by 1.6 percent (to RON 180,603.8 million) month on month and rose by 13.6 percent (5.8 percent in real terms) year on year. Foreign currency-denominated deposits of residents, representing 30.3 percent of the total volume of deposits of non-government customers, increased by 1.0 percent against December 2023 to RON 173,845.3 million when expressed in domestic currency (when expressed in EUR, these deposits increased by 0.9 percent to EUR 34,937.5 million). Compared to January 2023, this indicator dropped by 0.7 percent when expressed in RON (-1.8 percent when expressed in EUR). Foreign currency-denominated deposits of households rose by 0.5 percent from December 2023 to RON 120,328.4 million when expressed in RON (similar evolution when expressed in EUR). In year-on-year comparison, the indicator decreased 2.8 percent when expressed in domestic currency (-3.8 percent when expressed in EUR). Foreign currency-denominated deposits of other sectors grew 1.9 percent against December 2023 to RON 53,517.0 million when expressed in RON (similar evolution when expressed in EUR). Compared to January 2023, the indicator increased by 4.3 percent when expressed in RON (3.2 percent when expressed in EUR).
How to Web Conference, the leading startup and technology event in Eastern Europe, will host multiple programs and formats for over 550 startups at its 2025 edition, taking place on October 1–2 in Bucharest. These programs are designed to support early-stage startups by offering valuable opportunities for growth, investor connections, and showcasing their innovations. “Our […]
Romanian state-controlled nuclear power producer Nuclearelectrica (SNN) posted a higher-than-expected net profit in the first half of 2025, as stronger financial income offset a surge in windfall tax expenses, brokerage firm Swiss Capital said in a note published on Monday on BVB Research Hub. The company booked a net profit of RON 867...
Romania’s Energy Ministry unveiled the energy voucher platform on Wednesday, August 20. Citizens with low incomes who register on the platform will receive aid worth RON 50 (EUR 10) per month to pay for their electricity bills. Not everyone is eligible for the state aid. Only single persons with incomes below RON 1,900 (EUR 375) […]
Romanian prime minister Ilie Bolojan will go on a working visit to the Republic of Moldova on Saturday, August 23 - his first as head of the executive. The visit will include a series of activities carried out together with the prime minister of the Republic of Moldova, Dorin Recean. According to the government, the […]
Romania’s famous Mud Volcanoes, located in the southern Buzău County, were recently scanned by experts from the National Institute for Earth Physics Research and Development with the help of drones equipped with modern sensors, in order to better understand the structure of the soil and the associated risks. INFP specialists, together with their partners Skyline […]
Romania’s residential market posted record apartment sales in July as buyers rushed to finalize transactions before the removal of the reduced VAT rate and the increase in the standard VAT from 19% to 21%, according to real estate consultancy Colliers. The VAT change came into effect as of August 1, driving a surge of last-minute […]
