According to the Central Bank (BNR) data, at end-May 2024, broad money (M3) amounted to RON 690,193.4 million, up 0.2 percent (0.3 percent in real terms) month on month. In year-on-year comparison, broad money rose by 10.5 percent (5.1 percent in real terms). At end-May 2024, loans to non-government sector granted by credit institutions increased 0.5 percent (0.6 percent in real terms) from April 2024 to RON 393,510.4 million. RON-denominated loans, representing 68.8 percent of total volume of loans to non-government sector, grew by 0.6 percent, whilst foreign currency-denominated loans, holding 31.2 percent of total loans to non-government sector, rose by 0.2 percent when expressed in RON (similar evolution when expressed in EUR). In year-on-year comparison, loans to non-government sector advanced 5.7 percent (0.5 percent in real terms), on the back of the 7.6 percent increase in RON-denominated loans (2.4 percent in real terms) and the 1.6 percent rise in foreign currency-denominated loans expressed in RON (1.4 percent when expressed in EUR). At end-May 2024, credit to general government granted by credit institutions decreased by 4.9 percent from April 2024, to RON 214,666.6 million. In year-on-year comparison, this indicator grew by 16.4 percent (10.8 percent in real terms). Deposits of non-government resident customers rose by 0.5 percent month on month to RON 592,575.8 million, while the annual growth rate was 11.0 percent (5.6 percent in real terms). RON-denominated deposits of residents, representing 70.7 percent of deposits of non government customers, picked up by 0.7 percent to RON 418,806.0 million month on month. In year-on-year comparison, they advanced by 15.2 percent (9.6 percent in real terms). RON-denominated household deposits decreased by 0.1 percent to RON 230,987.3 million month on month and rose by 21.3 percent (15.4 percent in real terms) year on year. RON-denominated deposits of other sectors (non-financial corporations and non-monetary financial institutions) advanced 1.7 percent (to RON 187,818.7 million) month on month and rose by 8.5 percent (3.2 percent in real terms) year on year. Foreign currency-denominated deposits of residents, representing 29.3 percent of the total volume of deposits of non-government customers, increased by 0.05 percent against April 2024 to RON 173,769.8 million when expressed in domestic currency (when expressed in EUR, these deposits rose by 0.03 percent to EUR 34,916.7 million). Compared to May 2023, this indicator grew by 2.0 percent when expressed in RON (1.9 percent when expressed in EUR). Foreign currency-denominated deposits of households went down 0.2 percent from April 2024 to RON 120,352.7 million when expressed in RON (similar evolution when expressed in EUR). In year-on-year comparison, the indicator decreased by 0.3 percent when expressed in domestic currency (-0.5 percent when expressed in EUR). Foreign currency-denominated deposits of other sectors advanced by 0.7 percent against April 2024 to RON 53,417.2 million when expressed in RON (when expressed in EUR, these deposits increased by 0.6 percent to EUR 10,733.4 million). Compared to May 2023, the indicator rose by 7.8 percent when expressed in RON (7.7 percent when expressed in EUR).
Romanian director Cristian Mungiu will be part of the jury that will judge the films in the main competition of this year’s Venice Film Festival - Venezia 82. The jury, headed by American director Alexander Payne, includes French director and screenwriter Stéphane Brizé, Italian director and screenwriter Maura Delpero, Iranian director and writer Mohammad Rasoulof, Brazilian actress, writer, and […]
Romania continues to face significant prison overcrowding, according to the Council of Europe’s latest data, released on Friday, July 18. The 2024 Annual Penal Statistics on Prison Populations (SPACE I) show that Romania is among six countries in Europe with severe overcrowding, housing 116 inmates for every 100 available places. The report, which...
Chris Hemsworth returns to Disney+ in August with a new season of the National Geographic documentary series Limitless, this time focused not just on longevity, but on discovering how to live better. Titled Limitless: Live Better Now, the three-part season follows Hemsworth through physical, emotional, and mental challenges across six countries, with one standout episode […]
The Black Sea 200 Regatta 2025, Romania’s first non-stop offshore regatta with a 200 nautical mile route, takes place between July 21 and 27. Now in its first edition, the event brings together more than 10 boats from Romania and Bulgaria, according to the organizers. The endurance course will start and finish in the Romanian […]
The National Environmental Guard has fined an illegally operating zoo in Dâmbovița county, southern Romania, a total of RON 120,000 following a joint inspection that uncovered serious violations, including the lack of environmental authorization and inadequate conditions for wild animals kept in captivity. The zoo was reportedly charging RON 50 per person for entry and […]
The National Cybersecurity Directorate (DNSC) and engineering company Enevo Group have signed a strategic cooperation agreement to strengthen cybersecurity in Romania’s energy sector. The partnership aims to test and develop monitoring and alerting technologies for cyberattacks, and to improve national response coordination to incidents affecting critical infrastructure, the companies said. The agreement focuses on sharing […]
