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).
President Nicușor Dan presented Romania’s new National Defense Strategy on Wednesday, November 12, identifying weaknesses in public administration and corruption as key national vulnerabilities, Biziday.ro reported. The strategy, set to open for public debate, is scheduled for review by the Supreme Council of National Defense (CSAT) later this month, on November 24, before being submitted […]
The second-largest pot in the history of the Romanian lottery game 6/49 was won by a 30-year-old engineer from Arad, who spent RON 12 (EUR 2.3) on a ticket online. He collected the roughly EUR 9.6 million in prize money on Tuesday, November 11. “The winner of the First Category Prize in the Loto 6/49 game […]
Romania has made notable progress in combating human trafficking, but additional efforts are needed to protect vulnerable groups from trafficking risks, identify and assist victims, and punish the perpetrators, according to a new report published by the Group of Experts on Action against Trafficking in Human Beings (GRETA) of the Council of Europe. The report evaluated the […]
Romanian deeptech company .lumen announced that its glasses for the blind have been named a CES 2026 Innovation Awards honoree in the Accessibility & Longevity category. Owned and produced by the Consumer Technology Association (CTA) in the US, the awards recognize outstanding design and engineering across 36 product categories. ...
The European Commission has officially recognized Cârnați din topor din Vâlcea as a Protected Geographical Indication (PGI) product, making it the 15th Romanian product to receive this European distinction. Produced in Vâlcea County, these traditional pork sausages are made from 80% meat and 20% fat, hand-chopped with a hatchet into large, uneven cubes, then smoked […]
District 4 mayor Daniel Băluță, backed by the governing Social Democratic Party (PSD), is the favorite in the race for the Bucharest City Hall, according to a poll conducted by Avangarde at the beginning of November 2025. The Bucharest mayoral elections will take place on December 7, and all major parties have put forth candidates for […]
