In January 2024p, the balance-of-payments current account posted a deficit of EUR 1,358 million, compared with EUR 760 million in January 2023. The breakdown shows that the deficit on trade in goods declined by EUR 229 million, the surplus on services fell by EUR 351 million, the primary income deficit stood at EUR 376 million against a EUR 27 million surplus in the same year-ago period, while the secondary income surplus decreased by EUR 72 million. Non-residents’ direct investmente in Romania totalled EUR 583 million (compared with EUR 596 million in January 2023), of which equity (including the estimated net reinvestment of earnings) and intercompany lending recorded net values of EUR 697 million and EUR -114 million, respectively. In January 2024, total external debt increased by EUR 4,314 million to EUR 173,126 million, of which: long-term external debt at end-January 2024 ran at EUR 125,244 million (72.3 percent of total external debt), up 3.4 percent against end-2023; short-term external debt at end-January 2024 amounted to EUR 47,882 million (27.7 percent of total external debt), up 0.5 percent from end-2023. Long-term external debt service ratio stood at 11.2 percent in January 2024 against 17.4 percent in 2023. At end-January 2024, goods and services import cover ran at 6.3 months, as compared to 5.6 months at end-2023. At end-January 2024, the ratio of the National Bank of Romania’s foreign exchange reserves to short-term external debt by remaining maturity came in at 99.9 percent, as against 97.4 percent at end-2023.
One United Properties (BVB: ONE), Romania’s leading investor and developer of sustainable residential, office, and mixed-use real estate projects, marks five years since its listing on the Main Market of the Bucharest Stock Exchange. Since its IPO in July 2021, the company has raised a total of RON 853.8 million through three equity transactions, distributed […]
International Workplace Group (IWG) will open four new hybrid work centers in Bucharest, Iași, and Timișoara, expanding its flexible office network in Romania by more than 5,100 sqm. The new locations are scheduled to open in phases during the second half of 2026 and early 2027. The company said the expansion reflects growing demand for […]
Beach, Please! Day 4 The fourth day of the anniversary edition of Beach, Please! became the biggest in the festival’s history. A record 155,000 people attended the event on Saturday at NIBIRU, setting a new attendance record and reaffirming Beach, Please!’s status as the largest urban music festival in Europe....
Today’s edition of The digital replica of the printed Nine O’Clock newspaper – No.8388 dated 13 July 2026 Romania’s First Lady Mirabela Grădinaru Attends Programme Hosted by Türkiye’s First Lady Emine Erdoğan During NATO Summit Romanian President Nicușor Dan to Attend Ukraine Coalition Summit and France’s Bastille Day Celebrations President...
Romania and 14 other countries, including the United States, Japan, and the Philippines, signed a joint statement published on Saturday, July 11, rejecting China’s sovereignty claims over the South China Sea. The statement marked the tenth anniversary of the Philippines’s victory over China at...
Romania won five medals, including two golds, at the 56th International Physics Olympiad, held in Bucaramanga, Colombia. The Romanian team ranked among the medal-winning delegations at the competition, which brought together 381 students from 90 countries. According to the Education Ministry, the gold medals were awarded to Vlad Bolohan and Andrei Vila, both students at […]
