The arrears of the general consolidated budget decreased by 14.3% in December 2023, as compared to the previous month, at 279.97 million lei, from 326.63 million lei in November, according to the data published on the site of the ministry of finances (MF).Arrears over 90 days decreased by 2.72% from 110.6 million lei to 107.6 million lei, those over 120 days decreased by 32% from 155.9 million lei in November 2023 to 106 million lei in December 2023. Arrears over 360 days increased by 10.3%, from 60.2 million lei to 66.4 million lei. According to the quoted source, as regards the local budgets, the arrears diminished by 15.6% from 304.86 million lei (in November 2023) at 257.31 million lei (December 2023).Debts over 90 days decreased by 5.14% to 101.5 million lei, those over 120 days decreased by 33.25% to 98.6 million lei, while arrears over 360 days increased by 14% to 57.2 million lei. In the "State budget and autonomous" chapter, arrears increased from 21.78 million lei in November 2023 to 22.66 million lei in December 2023 (+4%). Arrears over 90 days increased by 66.6% to 6 million lei, those over 120 days decreased by 9.8% to 7.4 million lei and those over 360 days decreased by 8% to 9.2 million lei.
Romanian defense minister Ionuț Moșteanu resigned on Friday, November 28, after a scandal regarding inconsistencies in his resume triggered by a journalistic investigation. The controversy erupted after Libertatea reported that Moșteanu had falsely claimed in his first...
AnimaWings, the Romanian airline founded in 2020, has introduced new all-inclusive service packages on both international and domestic flights, marking what the company describes as a first in its onboard offering. The packages, named Priority All Inclusive and Priority All Inclusive Plus, combine baggage, meals, drinks, premium seating, and airport priority services into a single […]
Property developer M Core has opened M Park Orăștie, a new retail park developed on a 23,000 sqm plot in an established commercial area of the Romanian city. The project delivers around 5,500 square meters of single-level retail space, designed to accommodate a mix of fashion, homeware, electronics, and everyday essentials retailers. The company said […]
More than 80% of the electricity production capacity of the new nuclear reactors in the works in Romania could power a Black Sea AI Gigafactory project, according to a plan laid out by the government. Romania has already secured financing and partners to develop units 3 and 4 at the Cernavodă nuclear power plant, with […]
The Institute for the Investigation of the Crimes of Communism and the Memory of Romanian Exile (IICCMER) has issued a public appeal to president Nicuşor Dan and prime minister Ilie Bolojan to demonstrate “firmness in decision-making” in order to counter what it describes as an “increasingly insidious phenomenon of pro-totalitarian nostalgia,”
AFI Romania, part of the leading real estate development, management, and investment company operating across Central and Eastern Europe, AFI Group, announced that it secured a EUR 537 million refinancing package for three major projects in its portfolio: AFI Cotroceni, AFI Brașov, and AFI Ploiești. The three projects included in the refinancing are among the […]
