In January - August 2021p, the balance-of-payments current account posted a deficit of EUR 10,149 million, compared with EUR 6,549 million in the same year-ago period, the National Bank of Romania informs. The breakdown shows that the deficits on trade in goods and on primary income widened by EUR 2,389 million and EUR 587 million, respectively; the surplus on secondary income and that on services decreased by EUR 315 million and EUR 309 million, respectively. Non-residents' direct investment in Romaniae totalled EUR 4,394 million (compared with EUR 1,481 million in January - August 2020), of which equity (including the estimated net reinvestment of earnings) and intercompany lending recorded net values of EUR 3,803 million and EUR 591 million, respectively. In January - August 2021, total external debt increased by EUR 8,404 million, of which: long-term external debt at end-August 2021 totalled EUR 99,049 million (73.3 percent of total external debt), up 5.9 percent against end-2020; short-term external debt at end-August 2021 amounted to EUR 36,162 million (26.7 percent of total external debt), up 8.7 percent from end-2020. Long-term external debt service ratio ran at 16.4 percent in January - August 2021 against 20.7 percent in 2020. At end-August 2021, goods and services import cover stood at 5.3 months, as compared to 5.6 months at end-2020. At end-August 2021, the ratio of the National Bank of Romania’s foreign exchange reserves to short-term external debt by remaining maturity came in at 89.4 percent, against 90.3 percent at end-2020.
Roweb, compania românească din spatele software-ului nr.1 din Belgia în Real Estate În timp ce România continuă să importe mai mult decât exportă, companii locale precum Roweb demonstrează că soluțiile digitale și inteligența artificială pot echilibra balanța și pot pune țara pe harta inovației europene. AI made in Romania: de la cod la […]
Romania has significantly increased its separate collection of textile waste over the past decade, rising from just 48 tons in 2010 to 2,774 tons in 2022, according to data analyzed by Clean Recycle. Despite the progress, the country still collects only about 15% of the roughly 250,000 tons of textile waste it generates each year. […]
Romanian president Nicușor Dan and Secretary General of the North Atlantic Alliance, Mark Rutte, participated in the NATO Industry Forum 2025 in Bucharest on Thursday, November 6. During his speech, the president said that “rearmament is not a choice, it is a necessity” due to the many threats to peace. The Romanian president began his […]
Romanian renewable energy contractor Parapet said that it signed seven contracts with Alerion, an Italian player in the green energy sector, listed on the Milan stock exchange market. The solar projects - Sass Maor, Ambiez, Dănești, Sant’Agata, Torremaggiore, Gavorrano, and Grottole Verga - total nearly 80.8 MWp of installed capacity and will be carried out […]
The European Commission proposed the construction of high-speed railway lines between European capitals on Wednesday, November 6, including from Bucharest to Budapest, by 2040. The goal is to reach speeds of at least 200 kilometers per hour through the development of the lines. The plan includes high-speed sections on the lines Budapest –...
Health minister Alexandru Rogobete announced that his ministry is developing a new digital platform designed to gather real-time feedback from medical professionals and patients. In a message posted on social media, he said the initiative aims to bring decision-makers closer to those working in the healthcare system and to ensure that future reforms reflect their […]
