At end-August 2021, broad money (M3) amounted to RON 533,282.4 million, up 1.5 percent (1.3 percent in real terms) month on month and 17.8 percent (11.9 percent in real terms) year on year, Romanian Central bank (BNR) informs. At end-August 2021, loans to non-government sector granted by credit institutions increased 1.0 percent (0.8 percent in real terms) from July 2021 to RON 309,691.2 million. RON-denominated loans, representing 71.3 percent of total volume of loans to non-government sector, moved up 1.3 percent, whilst foreign currency-denominated loans, representing 28.7 percent of total loans to non-government sector, increased 0.3 percent when expressed in RON (down 0.03 percent when expressed in EUR). In year-on-year comparison, loans to non-government sector advanced 12.8 percent (7.2 percent in real terms), on the back of the 17.5 percent increase in RON-denominated loans (11.6 percent in real terms) and the 2.7 percent rise in foreign currency-denominated loans expressed in RON (up 0.7 percent when expressed in EUR). Credit to general government went up 0.5 percent in August 2021 from the previous month to RON 160,434.0 million and 18.0 percent (12.1 percent in real terms) year on year. Deposits of non-government resident customers stood 1.7 percent higher month on month at RON 449,906.6 million and the annual growth rate was 15.5 percent (9.7 percent in real terms). RON-denominated deposits of residents, representing 64.8 percent of deposits of non-government customers, rose 1.9 percent to RON 291,692.5 million month on month and 16.1 percent (10.3 percent in real terms) year on year. RON-denominated household deposits decreased by 0.2 percent to RON 158,345.1 million month on month and advanced 12.6 percent (7.0 percent in real terms) year on year. RON-denominated deposits of other sectors (non-financial corporations and non-monetary financial institutions) went up 4.7 percent (to RON 133,347.4 million) month on month and 20.6 percent (14.6 percent in real terms) year on year. Foreign currency-denominated deposits of residents, representing 35.2 percent of total volume of deposits of non-government customers, increased by 1.3 percent against July 2021 to RON 158,214.1 million when expressed in domestic currency (when expressed in EUR, these deposits moved ahead 1.0 percent to EUR 32,060.9 million). In year-on-year comparison, this indicator grew 14.2 percent when expressed in RON and 12.1 percent when expressed in EUR. Foreign currency-denominated deposits of households went up 1.2 percent from July 2021 to RON 113,144.1 million when expressed in RON (up 0.9 percent when expressed in EUR). On an annual basis, this indicator expanded by 12.9 percent when expressed in domestic currency and by 10.8 percent when expressed in EUR. Foreign currency-denominated deposits of other sectors advanced 1.6 percent against July 2021 to RON 45,070.0 million when expressed in RON (1.2 percent when expressed in EUR). Compared to August 2020, this indicator moved up 17.6 percent when expressed in RON (15.4 percent when expressed in EUR).
The famous show "Ovo" ("egg" in Portuguese), created in 2009 by Cirque du Soleil, is scheduled for April 23–26, 2026, at BT Arena in Cluj-Napoca. So far, the classic Cirque du Soleil show has delighted over 7 million spectators in 40 different countries. Despite its age, it has been reimaged, with a new set, acrobatic […]
The state-owned group Electrica is set to list the largest green corporate bond issuance in Romania, worth EUR 500 million, on the Luxembourg and Bucharest stock exchanges. According to the company's press release, the European Investment Bank is one of the key participants in the issuance. Overall investor demand at the final price exceeded the […]
Low-cost airline Wizz Air announced a major expansion of its operations in Bucharest, adding a second aircraft to its base at Băneasa Airport starting this October. The airline will relocate nine routes from Otopeni to Băneasa, five of which will be operated exclusively from the secondary airport. At the same time, six new routes will […]
The annual inflation rate in Romania rose to 5.7% in June, up from 5.45% in May, according to data published on Friday, July 11, by the National Institute of Statistics. It is the highest level this year. The consumer price index, compared to May, was 0.45%. The inflation rate from the beginning of the year, […]
A taxi driver who refused to pick up a passenger at Bucharest’s Henri Coandă International Airport on Thursday night, citing the rule that prohibits the second car in line from leaving the queue, was fined and had his professional license suspended, according to the Romanian Police. Local news channel Digi24...
Local authorities in Buzău County, in the south-east of Romania, announced the opening for traffic of the new bridge over the Buzău River on Friday, July 11. At over 1.3 km in length, it is the second-longest road bridge in the country and is part of the Lot 1 Buzău – Vadu Pașii of the […]
