On January 31, 2025, the National Bank of Romania's (BNR) foreign exchange reserves stood at EUR 60,837 million, as against EUR 62,135 million on December 31, 2024, BNR reported on Monday.During the month, there were EUR 2,716 million worth of inflows representing changes in credit institutions' foreign currency-denominated required reserves with the NBR; inflows into the Ministry of Finance's accounts; inflows into the European Commission's account and other.Also, EUR 4,014 million worth of outflows representing changes in credit institutions' foreign currency-denominated required reserves with the NBR; interest payments and principal repayments on foreign currency public debt and other.The gold stock remained steady at 103.6 tonnes. However, following the change in the international price of gold, its value amounted to EUR 8,973 million.As of January 31, 2025, Romania's international reserves (foreign currencies and gold) stood at EUR 69,810 million, as against EUR 70,491 million on 31 December 2024.In February 2025, the payments due on the foreign currency-denominated public and publicly guaranteed debt amount to approximately EUR 543 million.
The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18. CMPB reported a net profit of RON 28.3 million for January–June […]
Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]
A former pastor from California has been accused of sexual abuse and child trafficking at a shelter he ran in Bucharest, according to lawsuits filed by two Romanian men in the California District Court, AP reported. The complaints, filed by 33-year-old Marian Barbu and 40-year-old Mihai-Constantin Petcu, reportedly say that former pastor and missionary of […]
Four cities, namely Bistrița, Deva, Oradea, and Tulcea, have submitted bids to become Romania’s Youth Capital in 2027, organizers announced after the first round of applications closed on September 15. The competition, inspired by the European Youth Capital program, highlights cities’ commitment to investing in young people and involving them in community life. “The fact […]
Revolut Bank UAB has appointed Florina Moisei as the new Country Manager of its Romanian branch. The digital bank has about 4.5 million users in the country. According to the company, Florina Moisei brings over 20 years of experience in the financial-banking sector, with a strong focus on risk management, operational efficiency, and business development. […]
Three projects coordinated by schools and institutions from Romania have been designated winners of the European Award for Innovative Teaching 2025, granted by the European Commission. The projects, designed by schools from Bucharest, Harghita, and Iaşi, tackle a range of issues. The awarded projects are: Rangers of Change, by Secondary School no. 195 from Bucharest […]
