In January - July 2025, the balance-of-payments current account posted a deficit of EUR 17,226 million, compared with EUR 14,691 million in the same year-ago period, the National Bank of Romania (BNR) informs in a press release.According to the quoted source, the breakdown shows that the deficit on trade in goods widened by EUR 1,942 million, the surplus on services expanded by EUR 330 million, the primary income deficit increased by EUR 96 million, while the secondary income surplus dropped by EUR 827 million.Non-residents' direct investments in Romania totalled EUR 4,269 million (compared with EUR 3,244 million in January - July 2024), of which equity (including the estimated reinvestment of earnings) and intercompany lending recorded net values of EUR 2,339 million and EUR 1,930 million, respectively.In January - July 2025, total external debt rose by EUR 15,264 million to EUR 220,157 million, of which: long-term external debt at end-July 2025 ran at EUR 171,099 million (77.7 percent of total external debt), up 10.4 percent against end-2024; short-term external debt at end-July 2025 amounted to EUR 49,058 million (22.3 percent of total external debt), down 1.7 percent from end-2024.Long-term external debt service ratio stood at 14.6 percent in January - July 2025 against 19.6 percent in 2024. At end-July 2025, goods and services import cover ran at 5.6 months, as compared to 5.7 months at end-2024.At end-July 2025, the ratio of the National Bank of Romania's foreign exchange reserves to short-term external debt by remaining maturity came in at 100.4 percent, as against 99.1 percent at end-2024.
Some dinners are eaten. Others are remembered. At Corinthia Grand Hotel du Boulevard, the past few months have unfolded like a quiet culinary opera. One by one, Europe’s most celebrated chefs arrived, took over the kitchen of Boulevard 73 and left behind more than menus; they left stories. Now, on December 4, the curtain falls. […]
HORIZON CITY, a €130 million residential project, is emerging as one of the most solid and forward-thinking developments in the Pipera area—both through its scale and through the modern direction it sets for the new residential standards in the north. Developed across nearly 23,000 sqm, with 699 apartments and 926 parking spaces, the project brings […]
Romania’s National Forest Administration, or Romsilva, announced that it is putting over 16,000 Christmas trees up for sale over the winter in a press release published on Thursday, November 27. The trees can be purchased directly from the offices of the forestry districts. Prices range between RON 17 (EUR 3.3) for a spruce...
Lot 3 Pietroasele–Buzău of Romania's A7 highway, also known as the Moldova highway, was inaugurated on Thursday, November 27. The newly inaugurated segment is 13.9 km long. The A7 connects Romania’s historic regions of Muntenia, the southern part of the country, with Moldova, the eastern part. “We are opening another 13 km of the Moldova Motorway […]
The City Hall of Sinaia, a popular mountain town roughly 120 km north of Bucharest, announced that a new attraction, the alpine coaster on Pârtia Nouă, will officially open on December 1. The installation, located in the ski area near the Sinaia Gondola, features what the authorities say is the longest track of its kind […]
The Romanian national team debuted with a victory in Group A of the Women’s Handball World Championship, organized in the Netherlands and Germany. Romania won 33–24 (13–12) against Croatia in the Ahoy Arena in Rotterdam on Thursday, November 27. The Romanian team dominated the match in the second half, left backer Sorina-Maria Grozav scoring 7 […]
